8.30 PM Friday, 26 April 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:25 05:43 12:19 15:46 18:50 20:09
26 April 2024

11% rise in UAE bank branches

Published
By Shuchita Kapur

UAE bank branches grew by more than 11 per cent while the electronic banking service units of foreign banks rose by almost 22 per cent and ATMs increased by 48 per cent last year, official Central Bank data shows.

UAE banks opened 68 new branches in the past 13 months.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.