07 May 2013
(MENAFN) The UAE central bank announced that foreign reserves of the country’s 51 banks hit around USD83.43 billion at the end of last year, reported Emirates 24/7.
The bank said that the figure represents an increase of USD15.78 billion from the USD67.72 billion posted at the end of 2011.
It added that foreign liabilities grew to USD85.74 billion, compared with USD78.94 billion a year before.
Excluding the central bank’s foreign assets, net foreign assets reached USD2.44 billion, down from USD11.16 billion in 2011.
It is worth noting that the UAE has 23 national banks and 28 foreign units.
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more