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UAE bank deposits outvalue loans by $23bnDeposits outvalued loans at UAE-based banks by Dh85 billion ($23 billion) during the first 11 months of 2018, a media report said, citing the Central Bank of United Arab Emirates. The Eligible Liquid Assets Ratio rose by the end o More… |
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UAE non-resident deposits outstrip loans by $17bnNon-resident deposits across the UAE's banking system reported solid growth during the first nine months of the year, with their growth outstripping retail loans provided to non-residents by Dh63 billion ($17 billion) by the end of Q3. More… |
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UAE cbank deposits reach $15 billion in Q1Monetary deposits at the UAE Central Bank stood at Dh55.8 billion ($15.2 billion) in the first quarter of 2018 while withdrawals reached about Dh55 billion, according to the figures released by the UAE Central Bank yesterday (April 17). More… |
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UAE bank deposits hit record $209bn in SeptemberTerm and savings deposits in both local and foreign currency in the UAE banks amounted to a total of Dh768.3 billion ($209.14 billion) in September against Dh752.3 billion in August, increasing by around Dh16 billion, amounting to, according to More… |
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Abu Dhabi banks post $2.45bn income in Q2The net income of Abu Dhabi-based commercial banks amounted to Dh9 billion ($2.45 billion) during Q2 2017, a growth of 4.1 per cent from Dh8.64 billion during the corresponding period in 2016. Net interest income amounted to Dh5.2 More… |
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UAE Central Bank deposits top $33 billion in H1The total value of monetary deposits at the UAE Central Bank amounted to Dh123 billion ($33.5 billion) during the first half (H1) of the year, Dh122.95 billion of which are in banknotes and Dh50 million in coins, a report said. On More… |
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UAE public, private sector deposits top $11bn in Q1Bank deposits made by UAE’s public and private sectors amounted to Dh41.4 billion ($11.27 billion) at the end of the first quarter (Q1) of the year, according to recent statistics by the UAE Central Bank. Driven by improved More… |
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UAE government deposits drop by $13bnUAE-based National Bank of Abu Dhabi (NBAD) said government deposits dropped by Dh48 billion ($13 billion) in past 12 months after it reported a three per cent fall in third-quarter profit. The bank's chief executive Alex Thur More… |
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Gulf's days of easy money ending over oil price slumpThe days of very easy money are drawing to a close in the rich Gulf Arab oil-exporting economies as money market rates start to rise, partly because of the damage which cheap oil is doing to government finances. Loose liquidity cr More… |
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Oil plunge slows deposit growth at Gulf banksLow oil prices are slowing or reversing deposit growth at Gulf Arab banks, but not enough to cause the liquidity squeeze that bankers fear. Deposits from governments, quasi-government bodies and national oil companies provide arou More… |
