Tuesday 13, March 2018 by Jessica Combes

Al Ghurair: VAT transparency to improve SME lending

 

As the implementation of Value Added Tax (VAT) makes the balance sheets of corporates, particularly the small and medium enterprises (SMEs) more transparent, the UAE banking sector stands to benefit, according to Abdul Aziz Al Ghurair, Chairman of the UAE Banks Federation and CEO of Mashreq Bank.

 

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