“Central”: an increase of 24.1 billion dirhams in banking assets during a month

The total value of banking assets of banks operating in the UAE increased by 24.1 billion dirhams in one month, rising from 3 trillion and 247.1 billion dirhams at the end of last September to 3 trillion and 271.2 billion dirhams at the end of last October, according to data issued by the bank. Central this evening.

Central Bank data showed that total bank deposits increased by 25 billion dirhams during a month, as it increased from one trillion and 942.3 billion dirhams at the end of last September to one trillion and 967.3 billion dirhams at the end of last October as a result of the increase in residents’ deposits, due to an increase in deposits. Government sector deposits increased by 5.5% and the public sector deposits increased by 3%, in addition to the increase in private sector deposits by 0.6%.

The data indicated that the monetary base rose by 1.3% at the end of last October, from 449.1 billion dirhams at the end of last September to 455.1 billion dirhams at the end of last October, an increase of 6 billion dirhams, as a result of an increase in issued cash, current accounts and overnight deposits. One for banks and financial institutions.

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