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Banks operating in the UAE provided bank financing of AED 58 billion to all sectors during the nine-month period ended September 30 of this year.
Data from the central bank showed that deposits exceeded AED 90 billion, an increase of more than 144 billion AED in banking sector assets and a deposit volume greater than 100 billion dollars. 39; AED.
In addition, data from the Central Bank showed that banks operating in the country had attracted deposits amounting to AED 1 trillion and AED 728 billion and AED 200 million in September 2018, compared to AED 300 million at the end of December 2017, an increase of 100 billion AED and 900 million. From 6.2%.
According to the data, banks operating in the UAE provided bank financing of AED 58 billion to all sectors in the first nine months of this year, with a cumulative credit balance of AED 638 billion compared to AED 580 billion at the end of the year. 2017,%.
The UAE banking sector continued to grow to AED 2 000 billion and AED 838 billion by the end of September, up from AED 693 billion and AED 800 million by the end of last year, an increase of AED 144.2 billion, an increase of 5.4% and AED 38 billion in September.
Total bank credits increased by 9 trillion dirhams to reach 638 billion dirhams in nine months, while bank deposits amounted to TRILLION of 728 billion dirhams, with 90 billion dirhams added.
The figures show that individual financing reached AED 338.4 billion at the end of September, compared with AED 337.5 billion at the end of last year, an increase of AED 900 million.
• Banking assets increased by AED 144 billion over 9 months.
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