UAE: Total net assets value of operating commercial banks

Published August 15th, 2006 - 03:59 GMT
Al Bawaba
Al Bawaba

The Central Bank of the UAE announced that the total net assets value of the operating commercial banks in the UAE climbed to Dh 638 billion by the end of last year. This figure translates into an increase of Dh 188.3 billion, which is equivalent to 41.9%, compared with the previous year.

 

According to Al-Ittihad newspaper, the Central Bank of the UAE announced that the total customer deposits in the operating commercial banks in the UAE climbed to Dh 409.7 billion by the end of last year. This figure translates into an increase of 41% compared with the previous year, in which the customer deposits totaled Dh 290.5 billion.