Real Estate News Alert: UAE Banks' Deposits with the Central Bank Slashed

Tuesday, November 18, 2008

UAE Banks' Deposits with the Central Bank Slashed

Banks slash deposits with UAE Central Bank by Dh60bn
Zawya

UAE banks slashed their deposits with the Central Bank by more than Dh60 billion in the first half to quench their thirst for liquidity following a sharp growth in domestic demand for credit, the Central Bank said. ...

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