UAE - Mubasher: Abu Dhabi banks have invested around AED 17.2 billion in debt securities during the first seven months of 2020, according to the latest statistics by the Central Bank of the UAE (CBUAE).

The banks' total cumulative investment balance in debt securities increased by 9.4% to AED 199.7 billion by the end of July, when compared to December 2019.

Hence, Abu Dhabi's banks' investments in debt securities accounted for about 87.5% of their total investments in other securities.

In February 2020, the banks invested AED 191.3 billion in debt securities, up from AED 187.7 billion in January.

It is noteworthy to mention that at the end of April 2020, the banks operating in the UAE increased their investments in bonds and stocks by AED 1.8 billion or 0.8% to AED 241.4 billion, compared to AED 239.6 billion at the end of April 2019.