I think the market should reward banks that have b... -Abdul Aziz Al Ghurair

I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the problem assets over a period of three or four years should not be allowed.

Abdul Aziz Al Ghurair , Businessman
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About Author

Abdul Aziz Al Ghurair is a prominent Emirati businessman and philanthropist. He is the CEO of Mashreq Bank and the Chairman of Al Ghurair Group, a diversified conglomerate. Al Ghurair's contributions to the business sector and his philanthropic efforts have earned him recognition and respect in the United Arab Emirates and beyond.

Abdul Aziz Al Ghurair Quotes to Explore

Dubai's world class physical infrastructure has already established it as a major player in terms of trade, tourism and as the leading conference and ...
One of the main characteristics that differentiates Dubai from other commercial centres is its openness to innovation and the freedoms it grants peopl...
Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and t...
The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of min...
In the past, the West had tried to export one formula of democracy which should fit to the rest of the world, and they discovered that this doesn't wo...
I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the problem ass...
One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has ...
In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand...
One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed to supporting...
No nation has embraced Total Quality Management, e-commerce and e-government with greater enthusiasm than Dubai. Such innovations have given Dubai a c...

Quotes to Explore

If you want to shine like a sun, first burn like a sun....
To succeed in your mission, you must have single-minded devotion to your goal....
Excellence is a continuous process and not an accident....
To become 'unique,' the challenge is to fight the hardest battle which anyone can imagine until you reach your destination....
One of the very important characteristics of a student is to question. Let the students ask questions....
Almost half of the population of the world lives in rural regions and mostly in a state of poverty. Such inequalities in human development have been o...
No sanction can stand against ignited minds....
As a child of God, I am greater than anything that can happen to me....
Building capacity dissolves differences. It irons out inequalities....
Nations consist of people. And with their effort, a nation can accomplish all it could ever want....