According to the most recent statistics from the Emirates Central Bank, the yearly investments of banks that operate in the UAE climbed by 4. 1% to 489. 8 billion dirhams at the end of last August, a gain of 19. 4 billion dirhams compared to roughly 470. 4 billion dirhams during August 2021.
According to statistics from the Emirates Central Bank, bank investments rose by around 16.6 billion dirhams, or 3.5%, in the first eight months of this year compared to 473.
2 billion dirhams at the end of December 2021, and figures show that debt-related instruments, or “debt bonds,” were purchased. By more than 50.24%, the largest portion of bank investments totaled 246. 1 billion dirhams at the end of last August.
The bank investment share in the bonds reserved to the date of the entitlement was about 37. 2% of the total investments, with a reach of 182. 4 billion dirhams at the end of last August, an annual increase by 50.
7% compared to August 2021’s 121 billion, and a gain of around 2.4% on a monthly basis compared to 178.1 billion dirhams. Throughout July 2022.
At the end of last August, bank stock investments totaled 16.6 billion dirhams, an increase of 22.1% annually compared to about 13.6 billion dirhams in August 2021 and a monthly increase of 1.8% compared to about 16.3 billion dirhams in July 2022.
The Central Statistics reports that there were 44 other bank investments.
7 billion dirhams at the end of August last year, a growth of 4.9% over the first eight months of this year compared to 42.6 billion dirhams in December 2021.
19.4 billion dirhams, an increase in Emirates banks’ investments over the previous 12 months
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