ONLY webinars - visit onlywebinars.com
Advanced Search
Home / News / Local News
Local News
   


Abu Dhabi Banks Invested AED26.1 bn In Debt Securities In 2020
(15 February 2021)

 

Abu Dhabi banks invested AED26.1 bn in debt securities during 2020, bringing to AED208.6 bn their cumulative investments in this key investment vehicle by December's end, 2020, statistics by the Central Bank of the United Arab Emirates have shown.

Debt securities are financial assets that entitle their owners to a stream of interest payments. Bonds, such as government bonds, corporate bonds, municipal bonds, collateralized bonds, and zero-coupon bonds, are a common type of debt security. Investing in securities is one of the most popular forms of investment in the UAE banking sector, given the guaranteed proceeds and lack of risk, compared to other investment instruments.

According to the apex bank, UAE banks' total investment in debt securities comprise 63.7 percent of their total balance in their investment vehicles, which include, equities, held-to-maturity bonds, etc.

The bank’s statistics showed that Abu Dhabi banks have adopted a clear strategy for investing in debt securities, leading to a continuous growth in this type of investment from January to December 2020.



We accept Guest Posts

Download the Dubai City Guide iPhone mobile app


DubaiCityGuide.com is owned and managed by Cyber Gear



advertisement info

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

     

 
email print
3111
 
       
       
       
       



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