Arab Today, arab today uae credit expansion deposits up
Last Updated : GMT 21:13:42
Arab Today, arab today
Arab Today, arab today

UAE credit expansion, deposits up

Arab Today, arab today

Arab Today, arab today UAE credit expansion, deposits up

Abu Dhabi - Arabstoday

UAE banks sanctioned slightly more loans and advances to credit-hungry customers in the first five months of the year, while deposits showed a growth of 5.2 per cent in the period, latest data published by UAE Central Bank showed. Lending in the January-to-May period rose 0.3 per cent year-on-year, the data said. Total bank deposits dropped 1.2 per cent month-to-month during May 2012 to close at Dh1.125 trillion. Loans and advances showed a slight improvement, growing 0.2 per cent to Dh1.074 trillion. However, bank assets shrunk 0.9 per cent month-to-month to Dh1.7258 trillion in May. Money supply M0, comprised of currency in circulation and currency at banks, rose 0.4 per cent from Dh53.6 billion in April to Dh53.8 billion at the end of May. Money supply aggregate M1, comprised of currency in circulation and monetary deposits, dropped by 1.5 per cent, from Dh286.1 billion at the end of April 2012 to Dh281.7 billion at the end of May. Money supply aggregate M2, comprised of M1 and quasi-monetary deposits resident time and savings deposits in dirham, commercial pre-payments in dirham and resident deposits in foreign currencies, decreased by 3.2 per cent to Dh832.1 billion in May from Dh859.2 billion at end-April. Money supply aggregate M3, which includes M2 plus government deposits at bank operating in the UAE as well as at the central bank, fell 1.3 per cent to Dh1.055 trillion.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae credit expansion deposits up Arab Today, arab today uae credit expansion deposits up

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae credit expansion deposits up Arab Today, arab today uae credit expansion deposits up

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday