Abu Dhabi – Mubasher: The UAE’s resident and non-resident deposits rose 6.1% year-on-year in the first eight months of 2016, according to a report by the Central Bank.
Total individual deposits rose by AED 24.03 to reach AED 412.2 billion during the eight-month period of 2016, compared to AED 388.23 billion by the end of August 2015.
Resident deposits rose to AED 383.5 billion by the end of August 2016, compared to AED 360.7 billion by the end of August 2015.
Non-resident deposits grew 3.6% to AED 28.74 billion by the end of August 2016, compared to AED 27.49 billion during the same period of 2015.
