Gulf banks, especially in the UAE, fear that the NMC Healthcare Group will be unable to repay loans worth more than $ 2 billion, due to their faltering financial conditions.
This group faces a crisis whose effects may extend to the UAE banking sector, with the volume of loans obtained by this group, which is based in the UAE, clear.
The Abu Dhabi Commercial Bank is the largest lender, with about $ 1 billion, which made him request that the NMC Group be placed under judicial custody.
It is scheduled that the British judiciary will begin tomorrow, Thursday, to consider this request, which was rejected by the group.