| 10.03.2009 - UAE looks to bridge $30bln loan-deposit gap |
| From Tradearabia.com: Loans at United Arab Emirates' banks exceeded customer deposits by Dh110 billion ($29.95 billion) and the government was looking for a way to bridge the gap, the UAE central bank's governor said on Monday. 'The current situation requires a stimulus plan for banks and the economy in view of this 'gap' which could be bridged in collaboration with the Ministry of Finance,' said Sultan Nasser Al-Suweidi, according to state news agency WAM..... Full Article: Source |