Eau Banks reported an increase of 1 percent month by month in total investments, increasing by 7.3 billion to reach AED742.9 billion at the end of January.
This representative of a growth of 16.1 percent compared to January 2024, according to the Central Bank of the latest banking indicators of the EAU.
Investments in values that represent the debt in others grew to AED332.3 billion, marking an annual increase of 26.1 percent, according to a statement from the declaration of the Emirates news agency (WAM).
EAU Banking Sector Growth
The hero to maturity bonus reached AED335.7 billion, showing an interannual growth of 7.9 percent despite a decrease from month to month of 1.1 percent.
The capital investments of the banks were established in AED19.1 billion, which reflects an annual growth of 19.4 percent despite reducing 1.5 percent compared to the previous month.
Other investments totaled 55.8 billion AED, 13.2 percent year -on -year and 2.2 percent month by month.
The data of the Central Bank also revealed that the total credit reached AED2,186 billion, growing by 9.5 percent per year, while the total successful deposits of AED2.84 billion after the annual increase of 11.8 percent.
Bank assets exceeded AED4,562 billion at the end of January, showing an interannual growth of 11 percent and a marginal increase of 0.1 percent as of December.
The Eau (EAUFT) fund transfer system processed surplus transfers of AED1,786 billion in January, growing by more than 18 percent.
This included AED1,109 billion in interbank transfers and approximately AED677.64 billion in customer transfers.
Verification processing based on images eliminated118.48 billion in 1,956 million control controls of the month.
The cash withdrawals of the Central Bank amounted to AED19,929 billion, while the deposits totaling 15,217 billion AED.
