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FinancialNews


  • 23-12-19

    Banking investments arrive at AED396.2 billion in UAE Central Bank

    (MENAFN) In November, full amount of banking investments arrived at AED396.2 billion, according to the UAE Central Bank on Sunday.


    Debt securities increased 16.7 percent year-to-date, with as many as AED245.4 billion, as said in banking indicators released by the Central Bank.


    Bank deposits grew 4.6 percent yearly, with an amount of AED1.8 trillion in November 2019 in comparison with to AED1.74 trillion for the same month in 2018.


    Total banks' funds at the Central Bank amounted AED309.6 billion, representing a 9.2 percent rise yearly.

    MENAFN2312201900450000ID1099462482

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