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UAE: Central bank assets up 4.2% to AED495.5 billion in July 2022 – News

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According to the bank’s most recent statistics, its balance sheet rose 0.84% ​​or AED 4.13 billion month-on-month in July



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Posted: Monday, October 3, 2022 at 7:40 pm

Last update time: Monday, October 3, 2022 at 8:01 pm

The UAE Central Bank’s balance sheet increased to AED495.54 billion in July, up 4.2% or AED19.93 billion year-on-year compared to AED475.61 billion in July 2021.

According to the latest statistics released by the bank today, its balance sheet in July 2022 grew by 0.84% ​​month-on-month or AED 4.13 billion compared to AED 491.41 billion in June 2022.

The bank’s July budget allocated cash assets and bank balances worth AED215.74 billion, savings-to-maturity investments worth AED179.25 billion, deposits worth AED65.7 billion, a total of AED2.15 billion Loans and advances, and other assets valued at AED 32.7 billion.

According to the balance sheet, liabilities and capital are allocated between current and deposit accounts worth AED 211.82 billion, certificates of deposit and cash notes worth AED 144.84 billion, notes and coins issued worth AED 114.94 billion, capital and Reserves are worth AED 17.87 billion and liabilities total AED 6.07 billion.

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