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Dubai News Club > Finance > For the first time in 10 years, banks raise interest on deposits to 3.25%
Finance

For the first time in 10 years, banks raise interest on deposits to 3.25%

Press Room
Last updated: 2022/09/20
Press Room Published September 20, 2022
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Yesterday, most national banks raised the interest or profit rate on bank deposits to 3.25%, after it remained during the past four years between 0.97 and 1.05%.

This is the first time, in over 10 years, that…

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