The Emirates Bank indicated that its exposure to NMC Health amounts to about 981 million dollars, which represents less than 1% of the bank's total assets.
The bank stated in a disclosure to the Abu Dhabi Financial Market that, along with a number of major lenders, it had initiated a series of talks with the company on finding appropriate solutions to address financial arrears and governance issues. Institutional facing the company.
NMC Health recently conducted a review of its debt position to $ 6.6 billion, which is well above previous estimates.
The company, listed in London, recently appointed a head of restructuring to address problems related to its debt.
The company has been in crisis since the United States' Madi Waters questioned its financial statements last December.
