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The Central Bank of the United Arab Emirates (CBUAE) announced that monetary deposits increased by over 1.74 per cent or Dhs13.1 billion in April,
The total investments by banks operating in the country continued to rise steadily, reaching Dhs666.2 billion at the end of April 2024, registering growth of 0.3%
Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted around Dhs25 billion to reach Dhs270.48 billion at the end of January 2024,
Al Maryah Community Bank (Mbank), the UAE’s pioneer digital bank, has entered into a Memorandum of Understanding (MoU)
The liquid assets in the UAE banking sector stood at Dhs786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2%, or Dhs172.8 billion
Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about Dhs13.8 billion during the first quarter of this year,
The inspiration to launch SAV came from observing the common financial challenges expats face in the UAE.
The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its second regular meeting
Noel Moukheiber, General Manager at MontyPay Said,” The market of digital payment is growing worldwide and the Middle East and Africa region is no exception as organisations across region are digitising their businesses for more quick and secure operations.”
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced its expansion plan to better serve its Business Banking customers across the UAE. ADIB Business Banking
