Banking sector sees AED33.3 billion surge in new Savings Deposits over 12 months, marking 14% growth

Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED33.3 billion to reach AED278.37 billion at the end of February 2024, compared to about AED245.01 billion in February 2023, with a year-on-year (YoY) growth of 13.6 percent, according to the latest statis