Ample liquidity in UAE banking as deposits rise
Deposits with the UAE banks increased while credit growth remained flat in July, indicating ample liquidity in the local banking sector, according to the Central Bank's monthly data. The month-on-month rise in deposits was driven by both the non-resident segment (up Dh6 billion in July) and the resident (up Dh4.6…
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Click here to read the full story: Khaleej Times