Savings deposits in the UAE banking sector, excluding interbank deposits, amounted to AED 16.96 billion during the first four months of 2024.
The latest statistics of the Central Bank of the UAE showed that savings deposits reached AED 289.78 billion at the end of April, an increase during the first four months of 2024 by 6.22 percent, compared to about AED 272.82 billion in December 2023. Savings deposits at the end of April increased month-on-month by 1.09 percent, or 3.12 billion dirhams, compared to 286.66 billion dirhams in March.
Savings deposits in banks have witnessed remarkable growth over the past years, reaching AED 272.82 by the end of 2023.
Source (Al Khaleej Emirati Newspaper, Edited)
