The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
The man and his wife had gone to a hotel to stay and celebrate his birthday, while his children and maids stayed with his mother-in-law.
The victim, Mohammed A, said that when he and his wife returned home on Friday around 3.30pmn and opened the door, he found everything in order. He went out again, but this time when he returned he discovered that the door of the laundry room was broken. The thief had broken into his bedroom through this door.
He said when he opened the cupboard he could not find the watch his wife had gifted him on his birthday and other watches, all amounting to Dh400,000, though nothing else was missing.
The victim lodged a complaint with the Bur Dubai police who inspected the Al Badaa house. According to the police, the ‘professional’ thief did not leave any traces.
The victim added that on the first day of Eid Al Fitr, a thief had attempted to break into the house but his wife saw him and foiled the attempt. Police say they are launching an investigation, after a spate of thefts in the same neighbourhood.
The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
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