United Arab Bank undercuts UAE mortgage market with 3.99 per cent offer
Paul Trowbridge, Chief Executive Officer, United Arab Bank said, "UAB remains committed to supporting the economic development of the UAE and its community. The bank is rapidly establishing itself as a key player in the UAE home finance sector. This new initiative further re-emphasises our overall strategy to focus on UAE nationals and committed expatriates and offer products that match their needs and aspirations. We strongly believe this will bring renewed impetus to the mortgage market and gives our target customers an opportunity to own their own home with the most competitive interest rate."