UAE conventional bank assets hit $620bnThe assets of UAE conventional banks (CB) amounted to around Dh2.275 trillion ($620 billion), accounting for 79.7 percent of total banking assets by the end of November 2018, a media report said. Sharia-compliant banks accounted f More… |
UAE banks lead Gulf peers with $748bn in assetsThe UAE banking sector has continued to top other GCC counterparts in terms of assets value during the first half (H1) of 2018, with a total value of Dh2.7 trillion ($748 billion), a growth of 2 per cent compared to the end of 2017, a media repo More… |
Islamic banking assets hit $1.69trn in Q1: IFSBWith the inclusion of new countries’ data, the total assets of the Islamic banking industry grew to $1,699 billion in the first quarter of 2018 (2018Q1) from $1,573 billion in 2017Q1, marking an increase of 8 per cent, said the Islamic Fin More… |
UAE bank guarantees reach $106bn in FebruaryGuarantees provided by the UAE-based banks in February increased to Dh389.4 billion ($106 billion) from Dh388.98 billion in January, with industry reports expecting a further increase in the value of this facility in line with the current More… |
UAE Central Bank assets surge to $109bn in 12 monthsThe total assets of UAE Central Bank rose to Dh398.6 billion ($108.5 billion) in 12 months until February 2018, up by more than Dh33.78 billion. The assets were Dh364.82 billion in the same period last year, said a report. The Cen More… |
UAE banks' assets hit $734 billion in 2017The UAE-based banks' total assets surged to Dh2.693 trillion ($734 billion) at the end of 2017 from Dh2.642 trillion by the end of Q3 in the same year, continuing to lead GCC-based banks in terms of assets for the third year running. More… |
UAE conventional banks' assets hit Dh2.148 trillionThe total assets of conventional banks operating in the UAE amounted to Dh2.148 trillion ($584.73 billion) by the end of November, accounting for around 80 percent of the UAE banking system's total assets, which reached Dh2.687 trillion. More… |
UAE Islamic banking assets surge 6pc to top $145bnAssets of Islamic banks operating in the UAE amounted to Dh535 billion ($145.6 billion) by the end of October, around 6 per cent growth since the beginning of the year, accounting for 20.2 per cent of total banking assets in the country, valued More… |
UAE cbank assets hit $715bn in OctoberThe UAE Central Bank's gross bank assets, including bankers' acceptances amounted to around Dh2.639 trillion ($715 billion) during the month of October against Dh2.643 trillion in September. According to CB statistics rele More… |
Assets of UAE traditional banks hit $571bnThe assets held by traditional banks operating in the UAE surged to Dh2.103 trillion ($571 billion), accounting for 79.6 per cent of the total assets of the country's banking apparatus until the end of September, a report said. More… |