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Islamic Finance Briefing - Categorized | Banking, Performance more

UAE has highest per capita bank accounts in region

Posted on 17 September 2010

From Gulfnews.com: Every UAE resident maintains nearly two deposit accounts on average, according to a World Bank report released Thursday. “There is a wide variation among countries in the region in terms of deposit account penetration, from 104 bank accounts per 1,000 adults in Yemen, to 1,751 bank accounts per 1,000 adults in the UAE,” says the report, Financial Access 2010.

“Average deposit size per capita is much higher in Mena, at 260 per cent, than in developing and high-income countries.”……………………………………Full Article: Source

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