Loans provided by UAE banks and banks increased by 1% by the end of December 2020, to reach 1779 billion dirhams, compared to 1758.6 billion dirhams during the same period in 2019.
According to the report issued by the UAE Central Bank, the loans provided by UAE banks and banks to the private sector decreased by 2% at the end of last December.
According to the report, those loans made to the private sector in that period reached 1108.3 billion dirhams, compared to the same period in 2019, which reached at that time 1134.6 billion dirhams. < / p>
and loans granted to the government amounted to 251.9 billion dirhams at the end of last December, a decrease of 2% compared to the same period in 2019.
On the other hand, the total investments of UAE banks increased by the end of last December by 5.6 billion dirhams, and by 0.35 percent compared to November 2020.
According to the statistics of the UAE Central Bank, by the end of the period it reached about 455.8 billion dirhams, compared to 454.2 billion dirhams.
and investments of UAE banks in debt securities increased by about 5.6 billion dirhams at the end of last December compared to November of 2020.
According to statistics, these investments amounted to about 290.5 billion dirhams at the end of the period, compared to 284.9 billion dirhams at the end of November of 2020.
while banks ’equity investments decreased last December by 100 million dirhams compared to November 2020.
