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Cabinet's decision on banking deposits guarantee lasts for three years

posted on 13/10/2008: 828 views



The decision taken by the Federal Cabinet today to guarantee banking deposits will last for three years, a source at the Ministry of Finance announced today.

In a statement to Emirates News Agency (WAM), the source added that the guarantee of deposits in the national banks would also include foreign banks which have significant operations in the UAE. – Emirates News Agency, WAM

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