Generally baking system and clientage is a two way process or we can say that it’s a business from both sides. If banks are very helpful for a non-resident in Dubai as they can easily take the option to get sharia fund by opening a bank account, at the same time banks are getting some high net worth individuals who are helpful to generate investments. In Dubai, all of the leading banks are contributing a lot but there is a race of getting maximum international account holders so that to make good position. If someone has a job in a reputed company in UAE, it would be very easy and smooth to in touch with the banking services, as it is the most urgent requirement from a company to have a bank account.
All of the banking requirements are dully completed by your company and you don’t need to make any excuse at any time. So for an expat who is working in a company, having an account in a bank is not a big deal. In this way you can save through your salary and make investment using your business banking. Keep one thing in your mind that the choice of a bank is quite difficult as all of the banks are highly competitive.
If we talk about Dubai leading banks for sure we cannot neglect Mashreq bank, a private option in the mid of the city working from last 4 decades. It is one of the oldest bank in the town working with an excellent repute and provide outstanding services regarding business, investments and loan options. Such unique and priority based services makes it clearly distinguish from other Dubai leading banks. Mashreq bank as a private property provide commercial as well as Islamic banking services. Don’t need to worry about the loan options as you can get big loan amounts by showing your credit score. Also the progression of time can be increased and you can easily manage it using your investment profit. Loan for investment in a business is an excellent idea if you have proper knowledge of trading zones.
The interest rate will be decreased as you are moving towards the ending point of your agreement. If you are planning to make some sort of investments using a personal loan, this is the best thing which will give you ultimate relief. With just a little bit of the installment going towards principal installment can help you to repay the loan amount through your profit margin. While at the same time you will be able to save a lot from another portion of your profit.
Here the most important question is where to invest? In case you have a loan amount, making investment in UAE is pretty diverse. You can have several option such as:
- Stock exchange
- Industrial zones
- Food sector
The above mentioned are few sectors which can provide you to generate maximum profit. While on the other hand several other options are available but the only thing you need to show some smartness.