The Central Bank of the UAE announced an increase in total bank assets, including bank acceptances, by 0.5% to reach 3.095.3 trillion dirhams at the end of February 2020, compared to 3.080. 3 trillion dirhams at the end of January 2020.
According to the Emirates News Agency, total bank credit increased by 0.5% from 1.736.9 trillion dirhams at the end of January 2020 to 1.745.5 trillion dirhams at the end of February 2020, while total bank deposits increased by 1.8 billion dirhams, as a result of an increase of 3.6 billion dirhams in Resident deposits.
The central bank said in the bank statements issued today that the money supply / N3 rose 0.2% from 1.689.7 trillion dirhams at the end of January 2020 to 1.693.7 trillion dirhams at the end of February 2020 .. While the increase in the money supply / n3 / To an increase in government deposits by 4.5 billion dirhams, despite a decrease in the money supply / n1 / and / n2 /.
