IMF says UK banks most exposed to Dubai, Asia limited
Thursday December 03, 2009 09:19:02 AM GMT
Reuters News
DUBAI/ASIA-IMF (URGENT)
KUALA LUMPUR, Dec 1 (Reuters) - Banks from the UK have the most exposure to the debts of Dubai World, while Asia's banks have "limited" exposure, Harm Zebregs, the International Monetary's Fund's Asia-Pacific representative, told Reuters on Tuesday.
"Given what we know, the exposure of Asian banks is limited with the most most exposure in UK banks," Zebregs said on the sidelines of a business conference in the Malaysian capital.
(Reporting by Royce Cheah; Editing by Kim Coghill) ((david.chance@thomsonreuters.com; +603 2333 8033; Reuters messaging david.chance.reuters.com@reuters.net; bureau email areuters@gmail.com))
Thursday December 03, 2009 09:19:02 AM GMT
Reuters News
DUBAI/ASIA-IMF (URGENT)
KUALA LUMPUR, Dec 1 (Reuters) - Banks from the UK have the most exposure to the debts of Dubai World, while Asia's banks have "limited" exposure, Harm Zebregs, the International Monetary's Fund's Asia-Pacific representative, told Reuters on Tuesday.
"Given what we know, the exposure of Asian banks is limited with the most most exposure in UK banks," Zebregs said on the sidelines of a business conference in the Malaysian capital.
(Reporting by Royce Cheah; Editing by Kim Coghill) ((david.chance@thomsonreuters.com; +603 2333 8033; Reuters messaging david.chance.reuters.com@reuters.net; bureau email areuters@gmail.com))