Tuesday 13, December 2016 by Georgina Enzer

UAE Banks Federation Trust Index reveals upbeat consumer confidence in local banks

Seventy-two per cent of the respondents who participated in the UAE Banks Federation  (UBF) Trust Index survey agree that their impression towards banks is ‘very positive’ – increasing from 70 per cent in 2015. Additionally, ‘Trust Index’ in the sector remained largely steady and robust at 68 per cent despite global challenges and uncertainties.  The UBF is the professional body representing 49 banks in the UAE.

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