UAE Central Bank Budget is about 486 billion dirhams

  • Abu Dhabi, United Arab Emirates
  • 10 January 2023
1

The balance sheet of the UAE Central Bank approached 486 billion dirhams last October, according to the latest statistics issued by the Central Bank.

According to statistics, the Central Bank's budget was distributed on the assets side by 225.5 billion dirhams for cash and bank balances last October. In addition to investments saved to maturity, about 167.3 billion dirhams, 49.8 billion dirhams for deposits, 2.7 billion dirhams for loans and advances, and 40.7 billion dirhams for other assets.

The balance sheet was distributed on the side of discounts and capital by 198 billion dirhams for current accounts and deposit accounts, about 156.9 billion dirhams for certificates of deposit and cash promissory notes, 115.6 billion dirhams for issued cash papers and coins, 11.5 billion dirhams for capital and reserves, and 3.99 billion dirhams other discounts.

Source (Emirati Gulf Newspaper, Edited)

Get an annual subscription in Al-Omran Al-Arabi Magazine

SUBSCRIBE NOW