Deposits are among the main sources of banks’ funds, and since banks’ lending, as a major source of their income, is made by first accepting deposits, it would be essential for a bank to take deposits to be financially equipped for making loans. The deposits are also a profit-making source for the banks which in turn, play a pivotal role in the country’s economic development through extending facilities. In line with the above, the Middle East Bank opens a variety of deposit accounts under the following titles:
