UAE Central Bank's total assets stood at AED 417.7 billion in December 2018 compared to AED 406.4 billion in December 2017, which signals the adoption of an expansionary policy. Foreign assets of the UAE Central Bank rose from AED 347.66 billion in December 2017 to AED 362.55 billion in December 2018.
Gross assets of banks in the UAE increased by 6.8% in December 2018 to reach AED 2,878 billion in December 2018 as against 2,693.8 billion in December 2017.
Gross credit expanded by 4.8% in December 2018 to reach AED 1,656.6 billion as against AED 1,580.3 billion in December 2017.
Related links:
Updated on 20 Apr 2021
