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FINANCIAL NEWS
UAE bank investments grow by 8.5pct in May
28 Jun 2017
(MENAFN) The whole value of banking investments in the UAE increased to 8.5 percent or AED23.2bn in May this year.
Accordingly, net investments increased to AED297.5bn with an 8.5 percent year on year increase.
Moreover, the Central Bank of the UAE proclaimed that total banking investments increased by AED700mn in the cited month, growing by 0.2 percent.
In addition, the investments of Emirati banks were dividend at AED190.3bn in securities, AED12.3bn for stocks and AED64.6bn for bonds.
MENAFN2806201700450000ID1095583541
MENAFN2806201700450000ID1095583541
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