Abu Dhabi – Mubasher: expatriate deposits in the UAE surged to AED 191 billion in April, while loans and financial facilities reached AED 135.5 billion in the same period.
Expatriate deposits made up about 11.5% of total deposits in the UAE’s central banks, which registered AED 1.66 trillion in the fourth month of 2018, according to a company statement released on Monday.
Earlier in June, the one-year Emirates Interbank Offered Rates (EIBOR) has grown 17 basis points, while the one-night EIBOR increased by 23 basis points.