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UAE bank loans grow marginally

Posted on 21 July 2009

From Gulfnews.com: Bank loans in the UAE increased 0.5 per cent in June from May, while deposits slid 1.1 per cent, the central bank said on Monday.

Bank credit, excluding provisions for bad loans, increased to Dh1.01 trillion ($275 billion), after rising 0.6 per cent the month before, the bank said…….Full Article: Source

 
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