uae conventional banks assets amount to aed2148 trillion in late november
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

UAE conventional banks' assets amount to AED2.148 trillion in late November

Arab Today, arab today

Arab Today, arab today UAE conventional banks' assets amount to AED2.148 trillion in late November

UAE conventional banks' assets amount to AED2.148 trillion in late November
Abu Dhabi - WAM

The total assets of conventional banks operating in the UAE amounted to AED2.148 trillion by the end of November, accounting for around 80 percent of the UAE banking system's total assets, which reached AED2.687 trillion, with Islamic banks comprising the remaining 20 percent, with total assets of AED538.5 billion, according to the UAE Central Bank Indicators Report.

Conventional banks' assets increased by AED44 billion by the end of November against October, in yet a new sign of these banks' increased solvency, driven by government deposits as well as residents and non-residents' deposits following the recent interest rate hike.

The Islamic banks' assets rose as well by AED3.4 billion to AED538.5 billion during November from AED534.9 billion in October.

The total credit value of conventional banks by the end of November increased AED16 billion to AED1.239 trillion comparatively with October, while Sharia-compliant banks' credit value dropped AED6.8 billion to AED355.8 billion during the same monitored period.

Conventional banks' deposits, according to the report, increased AED32 billion on a monthly basis, hitting AED1.255 trillion in November, with Islamic banks' deposits falling AED300 million to AED377.3 billion by end of November from AED377.6 billion in October.

Residents' deposits at conventional banks increased AED25.8 billion on a monthly basis, standing at AED1.077 trillion in November, remaining at AED364.9 billion at Islamic banks during the same monitored period.

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*

uae conventional banks assets amount to aed2148 trillion in late november uae conventional banks assets amount to aed2148 trillion in late november

 



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*

uae conventional banks assets amount to aed2148 trillion in late november uae conventional banks assets amount to aed2148 trillion in late november

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 22:59 2017 Thursday ,19 October

November23rd-December21st

GMT 04:43 2017 Sunday ,16 April

70m more passengers travel in trains in 2016-17

GMT 00:00 2017 Thursday ,28 September

OPEC daily basket price for 26th September, 2017

GMT 15:50 2017 Monday ,05 June

Cyprus leaders meet UN chief to salvage talks

GMT 22:40 2016 Wednesday ,16 November

Cavaliers continue to roll over Raptors

GMT 16:05 2017 Monday ,24 April

Sharapova's return divides rivals

GMT 04:24 2017 Tuesday ,18 April

Janet Jackson’s husband writes message to star

GMT 16:33 2018 Friday ,07 December

Lavrov comments on Greek PM’s visit to Moscow

GMT 02:55 2018 Thursday ,18 January

French glitches put technology under review

GMT 12:19 2016 Thursday ,31 March

EU opens probe into Hutchison-VimpelCom deal

GMT 08:33 2017 Friday ,29 December

Bali Zoo hosts sumatran tigers

GMT 20:04 2017 Thursday ,28 December

Germany lays charges in Ryanair pilots 'tax fraud' probe

GMT 12:03 2016 Monday ,05 September

Nadal vows to fight on after US Open shock

GMT 00:35 2017 Monday ,20 February

Amazon jaguar shot dead after Olympic torch ceremony

GMT 11:13 2017 Monday ,10 April

N.Zealand PM queries Sonny Bill logo cover-up

GMT 05:49 2017 Thursday ,07 December

Real deal Ronaldo set for fifth Ballon d'Or

GMT 15:57 2016 Saturday ,01 October

Easy wins for CSKA, big plan for EuroLeague
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday