UAE banks' total investments reach $108bln in November | ZAWYA MENA Edition:
The UAE Central Bank revealed on Sunday that total banking investments reached AED396.2 billion in November.
According to banking indicators released by the Central Bank, debt securities saw a jump of 16.7 percent year-to-date, with a total of AED245.4 billion.
Bank deposits saw a rise of 4.6 percent year-on-year, with a total of AED1.8 trillion in November 2019 compared to AED1.74 trillion for the same month in 2018.
Total banks' reserves at the Central Bank totalled AED309.6 billion, representing a 9.2 percent increase year-on-year.
No comments:
Post a Comment