Today: 21 June 2025
4 October 2022
1 min read

CBUAE assets up 4.2%

The bank’s budget in July was distributed between assets in cash and bank balances valued at AED215.74 billion…reports Asian Lite News

The balance sheet of the Central Bank of the UAE rose to AED495.54 billion in July, a year-on-year increase of 4.2 percent or AED19.93 billion, compared with AED475.61 billion in July 2021.

According to the bank’s recent statistics issued today, its month-on-month balance sheet rose by 0.84 percent or AED4.13 billion in July 2022, compared with AED491.41 billion in June 2022.

The bank’s budget in July was distributed between assets in cash and bank balances valued at AED215.74 billion, investments saved to maturity valued at AED179.25 billion, deposits worth AED65.7 billion, loans and advances totalling AED2.15 billion, and other assets valued at AED32.7 billion.

According to the balance sheet, liabilities and capital were distributed between current and deposit accounts valued at AED211.82 billion, certificates of deposit and cash bills worth AED144.84 billion, issued notes and coins worth AED114.94 billion, capital and reserves valued at AED17.87 billion, and liabilities totalling AED6.07 billion.

ALSO READ: MBS Visit Cements UAE-Oman Relations

Previous Story

Sharjah Ruler stresses importance of census

Next Story

Dubai’s new Hindu temple all set for official opening

Latest from -Top News

IAEA sounds nuclear alarm in Iran

UN nuclear watchdog urges restraint, calls for diplomacy to prevent crisis. The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, has issued a stark warning about the potential nuclear fallout

Trump says it’s hard to tell Israel to stop

President downplays European diplomacy as Israeli jets strike over 35 Iranian missile sites US President Donald Trump has said it would be “difficult” to ask Israel to stop its ongoing airstrikes on

War on Children Worsens, Says UN

The new high surpassed 2023, another record year, which itself represented a 21 per cent increase over the preceding year….reports Asian Lite News Violence against children in conflict zones soared to record

US weighs joining fight with Israel

Europe’s push for diplomacy is in sharp contrast to messages from Washington, with President Trump openly weighing bombing Iran  Iran’s foreign minister will meet in Geneva with counterparts from Germany, France and
Go toTop

Don't Miss

UAE Vice President flags off 900km national rail network

The UAE National Railway Network is one of the largest

Sheikh Mohammed takes bike tour of Expo site

Sheikh Mohammed had reviewed the preparations for Expo 2020 Dubai,