As analysts believe the bank Goldman Sachs, chief antihero can become a financial giant HSBC. His potential loss of Arab investments are estimated at U.S. $611 million addition to HSBC, with the eastern property played the Standard Chartered Bank, Barclays Bank and RBS. Nearly State Royal Bank of Scotland, according to JPMorgan, the biggest underwriter of the obligations of Dubai World, and the loss of Standard Chartered analysts Goldman Sachs valued at 117 million dollars representative of Standard Chartered Ian Theis said the bank is fully aware of all risks and will make a statement in the case of any news. In RBS declined to comment.

Government of Gordon Brown’s monitoring the situation, said an official representative of the British cabinet Vicki Sheriff. “Application of the deferred payments actually caused uncertainty in world markets, but British banks have enough capital and passed rigorous stress tests” – Bloomberg quotes her words. Arab victims of the company is also actively in contact with Dubai World. Director-General of the third volume lender in the UAE Abu Dhabi Commercial Ala’a Erayya said he is negotiating several times a day and has already received assurances from the problem of investment company.

But analysts urged not to fall panic. “The negative impact on the British banking system will be limited, because the banks were struggling with much more serious problems in the domestic market and is now operational. I think that the loss of Dubai’s investment will be acceptable “, – said RBC economist of the London daily National Bank of Australia David Tinsley. According to the analyst IHS Global Insight, Brian Bethune, Dubai problems directly affect only the European and Arab banks, but American institutions. “Chances are good that the aid will come to an insolvent emirate’s neighbors – Abu Dhabi or Qatar”, – told RBC daily expert. Abu Dhabi, UAE oil center, has its own fund volume of 630 billion dollars, so that the probability of using very high.

According to RBS, in 2007 Dubai World won syndications at 13, $5 billion and total liabilities of the issuer is 59 billion dollars last week it became known that his daughter did not pay off bonds in December, 3.6 billion dollars then Standard & Poor’s and Moody ‘ s immediately lowered the rating of the Arab investment company, not excluding the possibility of default. World stock exchanges reacted to a significant drop due to fears of investors that the debts of the emirate will be added to 1.72 trillion dollars of total losses from the global financial crisis.

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