March 23, 2023

Dubai Week

Complete Dubai News World

United Arab Emirates .. Increase in assets of the banking system

The UAE Central announced yesterday that the total assets of the banking system in the UAE, including bank approvals, had risen to 3.247 trillion dirhams (approximately $ 890 billion) by the end of September 2021.

Thus, the index increased by 0.6% compared to 3.228 trillion dirhams at the end of August 2021.

Total bank lending increased by 0.3% to 1.776.5 trillion dirhams at the end of September 2021 from 1.771.4 trillion dirhams at the end of August 2021.

Total bank deposits increased by 0.7% from 1,928.7 trillion dirhams at the end of August 2021 to 1.942.3 trillion at the end of September 2021, resulting in a 0.3% increase in civic deposits and an increase of 3.7%. – Citizenship deposit.

(Dollar = 3.67 United Arab Emirates Dirham)

Source: wam