Financial and Banking News
REGIONAL BANKING
UAE Monetary Policy Yields First Fruits
Despite generally negative trends in the economic activity in the UAE over the past year, the UAE Central Bank is claiming some small but significant progress in its attempt to regulate the financial and banking scene in the country. A top UAE banking official told MEES in Abu Dhabi last week that three months after the change in reserve ratios last October, the Central Bank has fulfilled all its...
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