| 23.02.2010 - UAE banks' loan-deposit gap stands at $10 bln |
| From Business24-7.ae: Most of the UAE banks continue to maintain a loan-to-deposit (LTD) ratio higher than prescribed by the UAE Central Bank and analysts expect this gap, which is estimated at $10 billion (Dh36.7bn), will narrow in the coming period. In spite of restricted lending that helped the ratio to improve since the last quarter of 2008, analysis of banks' data by Emirates Business showed that several banks far exceeded the recommended level...........................Full Article: Source |