Cost to fund of banks UAE Q3 2021-Q3 2023
As of quarter three of 2023, the cost to fund of banks in the United Arab Emirates was 3.8 percent. This was 0.1 percent higher than the cost to fund of banks in the entire Gulf Cooperation Council during the same period. Since the second quarter of 2022, the cost of fund began to increase each subsequent quarter after being stagnant at 1.2 percent in the preceding four quarters.