RE: UAE Exchange6 Apr 2020 00:45
Finablr exposure is only $182m..
Abu Dhabi Commercial Bank PJSC said its combined exposure to troubled NMC Health Plc and Finabl Plc totaled $1.16 billion.
The lender’s exposure to payments firm Finablr, including UAE Exchange, was $182 million, according to a statement. The credit was extended by Abu Dhabi Commercial Bank, Al Hilal Bank and Union National Bank prior to their merger in May.