UAE bank assets rise 1% in March

Abu Dhabi - Mubasher: The Central Bank of the United Arab Emirates reported a rise in the Emirati banking sector’s total assets by 0.9% or AED 25 billion to a total AED 2.72 trillion by the end of the first quarter of 2018.

Bank loans in the United Arab Emirates grew by 2% by the end of March, according to the monthly report of the UAE’s Central Bank.

Loans amounted to AED 1.6081 trillion in March, compared to AED 1.5754 trillion for the same period in 2017.

Mubasher Contribution Time: 01-May-2018 21:26 (GMT)
Mubasher Last Update Time: 01-May-2018 21:26 (GMT)