UAE Central Bank statistics showed that total bank deposits in the first seven months of 2024 increased by 8.53%, or AED 215 billion, to AED 2.736 trillion by the end of July 2024, compared to AED 2.521 trillion by the end of December 2023.
Total banking assets, including bank acceptance certificates, increased in the first seven months of 2024 by 6.70% or AED 273 billion to AED 4.348 trillion by the end of July 2024, compared to AED 4.075 trillion by the end of December 2023, according to UAE Central Bank statistics.
Total credit in 7 months increased by 5.58%, or AED 111 billion, to AED 2.102 trillion at the end of July 2024, compared to AED 1.991 trillion at the end of December 2023.
