UAE Gross Bank Assets Up to AED2.913 Trillion in JanuarySource: www.export-egypt.com 2/20/2019, Location: Middle East |
|
|
|
|
|
The UAE gross bank assets amounted to AED2.913 trillion by the end of January 2019, 1.2 percent up from AED2.878 trillion by the end of December 2018, according to Central Bank of UAE statistics released recently.
Gross credit increased to around AED1.662 trillion by the end of January, a growth of 0.3 percent from AED1.656 trillion in December last year. With regards to monetary developments, Money Supply M1, which comprises currency in circulation outside Banks (Currency Issued - Cash at banks) plus Monetary Deposits, increased by 0.1 percent to AED486 bn by the end of January against AED4485.6 bn in December. In the meantime, Money Supply M2 (M1 plus Quasi Monetary Deposits (Resident Time and Savings Deposits in Dirham plus Resident Deposits in Foreign Currencies)), decreased from AED1.308 trillion to circa AED1.305 trillion during the same period. With government deposits up AED3.7 bn, Money Supply M3 (M2 plus government deposits at banks and at the Central Bank) increased 0.05 percent from AED1.602 trillion in December 2018 to 1.603 trillion by the end of January 2019. |
|
|
Financials and Investment News in United Arab Emirates >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | |
