Term deposits in UAE banks surge 15pc to $52bnThe 6-12 month term deposits in UAE banks surged to around Dh190 billion ($51.7 billion) during the first four months of the year, a 14.9 growth from Dh165.3 billion by the end of 2017, a media report said. The growth is attribute More… |
UAE cbank logs $173m in 2017 term depositsThe UAE Central Bank's term deposits in 2017 totalled Dh636.2 billion ($173.2 million), accounting for 46.1 per cent of the total deposits which included 415.34 in local currency and an equivalent of Dh220.85 in foreign currency. More… |