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FINANCIAL NEWS
UAE loans to boost by 10 percent in 2014
08 Jan 2014
(MENAFN) UAE is expected to see over 10 percent growth in loans this year as bank deposits cause borrowing costs to drop, according to Khaleej Times.
Standard & Poor’s reported that lending is expected to increase 10 percent compared to 9.6 percent in 2013.
Central Bank said that Customer deposits at the UAE’s 51 banks increased 11 percent in one year through September, the highest level since 2008.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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