PHOTO
UAE – The number of bank branches in the UAE decreased by 8 in November, comprising six local bank branches and two foreign bank branches.
The total number of bank branches in the UAE reached 665 in November 2020, according to the latest data by the Central Bank of the UAE (CBUAE).
Standard Chartered has closed two of its branches in the country, while Abu Dhabi Commercial Bank (ADCB) has shut six branches in November.
Meanwhile, the foreign banks have 24 digital units across the UAE, whereas the local banks have 33 digital banking service units.
Since the beginning of 2020, 96 branches were closed, including 94 local bank branches.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
