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UAE has a well-diversified and sound financial system that plays an important role in the economy. The retail banking sector is rapidly growing due in part to the country’s increasing expatriate population. Product ownership rates are high, particularly for current and savings accounts. Emirati consumers retain a traditional attitude towards provider choice, favoring banks with which they have a prior relationship. Product application is still largely conducted via branches, meaning there is considerable scope for providers to encourage greater use of digital channels. In the UAE, both domestic and foreign banks have made investments in low-cost distribution channels such as internet banking and ATM networks.
UAE Real Estate Market Report @ http://www.marketreportsonline.com/248938.html The report finds that, unless revised upwards, the cap would not only have a negative impact on growth across the UAE; it would have a particularly detrimental impact on the Dubai economy. While the move by central Government to better regulate the market is both necessary and welcomed to remove the risks of overheating and to lay the foundation for sustained and quality growth, the report highlights the need for multiple policy responses and a degree of moderation, at a time when both property prices and rental growth are beginning to recover.
Retail Banking Country Snapshot: Italy 2016" reviews the retail banking sector in Italy, with a particular focus on the current account, savings, mortgage, and personal loans markets.
Refinancing of $20 billion short term debt caused liquidity worry in the Dubai. ... Imposition of The Dubai Land department 30% cancellation charge as an exit bar a ...
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