interest

The profit margin collected by banks from the interest charged on various financing, during the first nine months of this year, amounted to 77.7 billion dirhams, compared to 71.9 billion …

The Central Bank of the United Arab Emirates decided to reduce the “base rate” on overnight deposit facilities by 25 basis points, from 4.65% to 4.40%, effective Thursday, December 19. …

During a phone call with His Excellency Anthony Blinken, Secretary of State of the United States of America, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and …

The national football team player, Yahya Al-Ghassani, praised the great solidarity that “Al-Abyad” found in the past days before the match with Kyrgyzstan, explaining that its result was the postponement …

Two bankers said that banks impose fees and interest on credit cards whose owners use “the entire balance” available on them, without making payment before the date of issuance of …

Two bankers said that banks operating in the country will reduce interest rates on all financing, after the Central Bank announced, the evening before yesterday, a reduction of 50 basis …

Banks’ income from the interest margin imposed on various financings reached a record level during the first half of this year, reaching 52 billion dirhams, compared to 47 billion dirhams …

The Central Bank has obligated companies that provide limited financing and agents, such as purchase installment companies, to obtain a prior license from the bank, according to specific conditions, and …