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CBUAE's assets hit AED 485.87bn by end of September

CBUAE's assets hit AED 485.87bn by end of September
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UAE - Mubasher: The total assets of the Central Bank of the UAE (CBUAE) rose to AED 485.87 billion by the end of September 2021, compared to AED 454.54 billion in the year-ago period.

The CBUAE's foreign assets amounted to AED 417.15 billion by the end of September 2021, up from AED 356.61 billion in the corresponding period of 2020, according to the latest data by the Central Bank of the UAE (CBUAE).

The CBUAE's investments jumped to AED 170.85 billion by the end of September 2021 from AED 53.54 billion in the same period of the earlier year.

Meanwhile, the central bank recorded AED 36.37 billion deposits by the end of September 2021, down from AED 62.97 billion in the year-ago period.