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UAE banking sector has 35,000 employees - EIBFS

UAE banking sector has 35,000 employees - EIBFS
Jamal Al Jassmi, general manager at the Emirates Institute for Banking and Financial Studies

Abu Dhabi – Mubasher: The number of employees in the UAE’s banking sector has reached around 35,000, Al Khaleej newspaper reported, citing Jamal Al Jassmi, general manager of the Emirates Institute for Banking and Financial Studies (EIBFS) as saying.

Out of this figure, 10,500 employees are UAE nationals working across 53 banks, Al Jassmi told the newspaper, noting that Emiratisation at the level of these banks' branch managers has reached 75%.

The EIBFS has succeeded in increasing the level of Emiratisation in the sector to 30% in 2017 compared to only 9% in 1997, the top official added.