Tawasul
Mubasher TV
Contact Us Advertising   العربية

UAE banks' investments exceed AED 554m in September

UAE banks' investments exceed AED 554m in September
Photo Archive

UAE – Mubasher: The UAE banks' investments reached AED 554.8 billion in September 2021, up 25.9% year-on-year (YoY) from AED 440.8 billion, according to the latest data by the Central Bank of the UAE (CBUAE).

The UAE banks have invested AED 315.1 billion in debt securities in September 2021, 12.9% higher than AED 279 billion in the same month of the earlier year.

Meanwhile, the UAE banks' investment in equities hiked by 58.6% YoY to AED 13.8 billion in September 2021, compared to AED 8.7 billion.

The UAE banks' investment in held to maturity securities amounted to AED 179.7 billion in September, up 73.3% from AED 103.7 billion in the year-ago period.