IMF Staff Country Reports

United Arab Emirates: Selected Issues and Statistical Appendix

June 8, 2012

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United Arab Emirates: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

This Selected Issues and Statistical Appendix Paper look at the global spillovers to the United Arab Emirates (UAE) financial system. It finds an uneven degree of spillovers to different segments of the UAE financial system. Regarding domestic equity markets, the combined market capitalization losses in the Abu Dhabi and Dubai stock exchanges between September 2008 and end-March 2012 exceeded $100 billion. The paper concludes that although financial vulnerabilities of the UAE have decreased since the 2008 global real estate collapse, given UAE’s interconnectedness, it remains exposed to global financial conditions.

Subject: Banking, Commercial banks, Financial crises, Financial institutions, Financial markets, Financial sector policy and analysis, Nonperforming loans, Stock markets, Stress testing

Keywords: Asset quality problem, Balance sheet shock, Bank, Bank default, Bank Performance indicator, Bank stability, Banking system, Banks Joint Probability of Default, Commercial banks, CR, Distress interdependence structure, Europe, Global, ISCR, Liquidity management, Nonperforming loans, Stock markets, Stress testing

Publication Details

  • Pages:

    43

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/136

  • Stock No:

    1AREEA2012002

  • ISBN:

    9781475504194

  • ISSN:

    1934-7685