CBUAE issues monetary, banking, and financial markets developments report for Q1, 2023
The report provides insights into the monetary and banking activities, as well as the developments in the UAE financial markets
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The report provides insights into the monetary and banking activities, as well as the developments in the UAE financial markets
Gross credit falls by 0.3% to Dh1,851.1 billion by end of August
UAE’s gross bank assets, including bankers’ acceptances, rose by 0.2%, from AED3.44 trillion at the end of May 2022 to AED3.45 trillion ($939.07 billion) at the end of June 2022, the Central Bank of the United Arab Emirates (CBUAE) said.
Total bank deposits increased by 1.5 per cent, rising from Dhs1,966.8bn at the end of November 2021 to Dhs1,996.5bn at the end of December 2021
The Central Bank of the UAE (CBUAE) said that total bank deposits increased by 0.7%, rising from AED1,915.1 billion ($521.2 billion) at the end of July 2021 to AED1,928.7 billion ($525 billion) at the end of August 2021.