UAE bank deposits increase

25 October 2010

Deposits rose by $982m to $27.6bn

According to data by the UAE central bank, bank deposits in the country rose by AED36.1bn ($982m) to AED101.33bn during the 12-month period in September 2010 from AED977.2bn in September 2009, Emirates 24-7 has reported. Loans and advances increased by 1.7 per cent in one year, from AED1.02 trillion in September 2009 to AED1.04 trillion in September 2010, the data showed.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications