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Deposits in UAE banks climb 1.1% in August

  • United Arab Emirates: Saturday, October 13 - 2012 at 01:54

The UAE central bank has said deposits at local banks rose 1.1% during the month of August 2012 to close at Dhs1.127trn, Khaleej Times has reported. Loans and advances during the month dropped 0.1% to reach Dhs1.090.5trn, and total bank assets increased by 0.5% to Dhs1.733trn, the bank said.

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