UAE banks’ assets surge 13.1 per cent in 2013 | GulfNews.com:
"The aggregate assets of banks operating in the UAE surged 13.1 per cent to Dh2.02 trillion in 2013 compared to Dh1.79 trillion in 2012, according to the Board of Directors of the UAE Banks Federation.
The Board of the UAE Banks Federation, a professional representative body representing 49-member banks operating in the UAE, met in Dubai and reviewed its performance.
At the current level, the UAE banking sector is largest in the Arab world in terms of assets. Last year, the UAE banks’ total deposits increased to Dh1.27 trillion from Dh1.16 trillion 2012.
The Board of the UAE Banks Federation approved its Financial Statements and Auditors’ Report for 2013, as well as the estimated budget and auditors’ nomination for 2014."
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