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The balance sheet of the Central Bank of the UAE (CBUAE) has grown by 6.3% monthly to AED631.63 billion by the end of April 2023, the highest level on record for April 2023, it said in its budget report.
The top bank said its balance sheet also grew by 24% year-on-year – equivalent to AED121.8 billion, compared to AED509.81 billion at the end of April 2022. An increase of 13.8% since the beginning of the year to AED 554 to end December 2022 at USD 9.9 billion.
In terms of assets, the CBUAE had cash and bank balances of AED266.49 billion in April and reserve investments of AED203.9 billion, the report said.
As for liabilities and capital, the CBUAE had sight and deposit accounts of AED 271.43 billion, currency notes and Islamic deposit certificates of AED 202.18 billion, notes and coins issued of AED 133.12 billion, and capital and reserves of AED 14.21 billion. Ram. The bank’s other liabilities amounted to AED 9.95 billion.
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