UAE banks ease pressure on core industries as social restrictions tighten – ZAWYA

UAE banks ease pressure on core industries as social restrictions tighten – ZAWYA

A customer makes a transaction at Emirates Bank in Dubai March 7, 2007.. Dubai's largest bank Emirates NBD, Dubai Islamic, Emirates Islamic and Commercial Bank of Dubai , all state-linked, will introduce the measures from April 1 to June 30, WAM reported.. Mashreq is also taking part and Abu Dhabi Islamic Bank (ADIB) announced similar measures earlier on Saturday.. The Central Bank has said it plans to support banks and businesses in the country with a 100 billion dirham ($27 billion) stimulus package..