Assets of banks in the UAE hiked by 5% on a yearly basis in November 2020.
Abu Dhabi – Mubasher: Assets of the Central Bank of the UAE (CBUAE) totalled AED 441 billion by the end of November 2020.
Cash and banking deposits' balances amounted to AED 291.52 billion last November while deposits' balance reached AED 54.16 billion. Moreover, loan balance came in AED 35.55 billion, as shown by official data.
In the meantime, investment and other assets balances reached AED 48.54 billion and AED 11.26 billion, respectively.
On a yearly basis, assets of banks in the UAE hiked by 5% in November 2020 to AED 3.202 trillion.
Source:
Mubasher
