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UAE cbank money supply M1 tops $140bn in AprilThe UAE’s Central Bank has announced that the Money Supply aggregate M1 increased by 1.3 per cent, from Dh510.6 billion ($139 billion) at the end of March to Dh517.4 billion ($140.8 billion) at the end of April, a media report said. More… |
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UAE gross bank assets reach $733 billionThe UAE gross bank assets, including bankers’ acceptances, reached Dh2.688 trillion ($733 billion) at the end of January, reflecting a 0.3 per cent fall from Dh2.695 trillion at the end of prior-month, figures by the UAE Central Bank More… |
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Kuwait’s credit growth fails to resume strengthKuwait’s resident credit growth improved to KD96 million ($317 million) in February, remaining relatively modest, with growth rising slightly to 6.4 per cent year-on-year (y/y), a report said. Growth in household borrowing w More… |
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Top Qatar banks to raise $1bn in bondsCommercial Bank of Qatar (CBQK) and Doha Bank (DHBK) announced that they will be raising QR2 billion ($548.7 million) each in Tier 1 bonds to improve their capital adequacy ratios (CARs), a report said. The bonds will also provide More… |
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UAE money supply growth hits 2-year highMoney supply (M3) in the United Arab Emirates grew 11.3 percent year-on-year at the end of May, the fastest rate since June 2011, after a 9.7 percent rise in the previous month, central bank data showed on Thursday. Bank lending g More… |
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Euro zone lending falls for 8th monthLoans to companies and households in the euro zone contracted for the eighth month running in December, showing low official borrowing costs are having little success in reviving investment and spending. The European Central Bank More… |
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Oman loan growth at 9-month lowThe bank lending in Oman registered a 17.4 per cent growth on an annual basis in September, the slowest pace since December last year, compared to an 18.1 per cent jump in August, central bank data showed on Tuesday. The Sultanate's More… |
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Saudi money supply growth surges in AugSaudi Arabia's M3 money supply growth accelerated to 9.7 per cent year-on-year at the end of August after a 9.5 per cent rise in the previous month, according to central bank data. The increase in bank lending to the pr More… |
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Saudi money supply growth hits new lowSaudi Arabia's M3 money supply growth eased to a 17-month low of 7.7 per cent year-on-year at the end of May, after an 8 per cent rise in the previous month, central bank data showed on Tuesday. Bank lending to the private sector decelerat More… |
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Saudi sees slow money supply growthSaudi Arabia's M3 money supply growth accelerated to 13.6 per cent year-on-year at the end of January from 13.3 per cent in the previous month, central bank data showed on Sunday. The Kingdom's bank lending to the private sector rose 11.7 More… |
