UAE: Banking sector sees AED 25 billion surge in new savings deposits over 12 months, marking 10 per cent growth
Abu Dhabi [UAE], April 4 (ANI/WAM): Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to reach AED270.48 billion at the end of January 2024, compared to about AED USD 245.54 billion in January 2023, with an annual growth of 10.2 per cent, according to the latest statistics from the Central Bank of the UAE (CBUAE).
The local currency, the dirham, accounted for the l