Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / Features / Non-resident deposits in UAE banking system exceed loans by AED64.5 billion
Special Features

Non-resident deposits in UAE banking system exceed loans by AED64.5 billion

The value of non-resident deposits in the UAE’s banking system exceeded non-resident loans by AED64.5 billion at the end of May 2019 compared to the same period in 2018, according to statistics from the UAE Central Bank. This statistics reflect the trust in the country’s banking systems, which has enabled it to attract more foreign investments. The total balance of non-resident deposits amounted to AED209 billion at the end of May, compared to non-resident loans worth AED144.5 billion during the same period. 

In its recent report, the UAE Central Bank highlighted an increase in banking activity, which reflects an improvement to various indexes related to the sector. 

Its statistics also show that the UAE banking system is continuing to attract non-resident deposits, which amounted to AED192 billion in May 2018 before rising to AED205.4 billion in September of the same year. 

By the end of the first quarter of 2019, the total balance of non-residents deposits amounted to AED208.2 billion, before closing at AED209 billion by the end of May. 
The country’s total deposits amounted to AED1.759 trillion at the end of May while the value of total loans reached AED1.681 trillion during the same period. 



We accept Guest Posts



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     


View Special Features by Category
Airlines & Airports
Art & Gallery
Banks & Financial sector
Business
Car Industry
Construction
Dubai Government
Dubai Metro
E-Guides
Eco-Friendly
Education & Institutions
Electronics
Entertainment
Events & Occassions
Exhibition Center
Family Shows
Food & Beverages
Free Zones
Golf Clubs
Government Departments
Health & Fitness
History & Culture
Home/Furnishing/Interiors
Hospitals & Clinics
Hotels & Hospitality
Identity cards
Internet Services
Media & News
Mortgage
Music
Online Food Service
Online Store
Organisations
Other
Other Emirates
Parks & Beaches
Precious Metals
Real Estate & Property
Religion & Culture
Resorts & Clubs
Restaurants
Shopping Malls
Spas
Special Centres, Groups & Communities
Sports & Events
Sports Bars
Technology
Trade Fair
Travel & Leisure
UAE Market News
VIP Services
Wedding Planners

Back to top








News Alerts
News Alerts
Stay ahead with abu dhabi news
dcg mobile
adcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Abu Dhabi Blog
Your space, your voice
sitemap
Sitemap
ADCG at a glance