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UAE: Gross assets stand at Dh3 million in first five months of 2022, says Central Bank

Procurements of 37 international financial institutions increased 2.22 percent

Overall possessions of the 22 nationwide financial institutions increased to Dh3.023 trillion in the initial 5 months of 2022, up 4 percent (Dh117.3 billion), according to most current data launched by the UAE Reserve Bank (CBUAE).

Properties of nationwide savings account for 87.8 percent of gross financial market’s possessions of Dh3.442 trillion by end of last May, versus 12.2 percent for international financial institutions.

Properties of the 37 international financial institutions increased 2.22 percent (Dh9.1 billion) to Dh419.4 billion by end of May from Dh410.3 billion in May 2021.

In the initial 5 months of the year, international financial institutions’ possessions expanded by Dh3.9 billion or 0.94 percent.

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