Saturday 23 June 2018
 
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UAE central bank

UAE cbank pumps $3.8 billion liquidity in April

A total of Dh14 billion ($3.8 billion) in cash has been pumped onto the market by UAE’s Central Bank (CBUAE) in April, the highest liquidity injected by the country's primary financial regulator since the beginning of the year, a media

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UAE cbank gold reserves value hits $468m in Q1

The value of the UAE Central Bank's reserves of gold bars rose to around Dh1.72 billion ($468 million) during the first quarter of 2018, a growth of 6.6 per cent from Dh1.099 billion during the corresponding period 2017. Stati

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UAE bank ATMs increase to 5,274 in March

The number of automatic teller machines (ATMs) operated by banks in the UAE hit a total of 5,274 by end of March, an increase of 63 facilities from 5,211 in the same month in 2017, state-run Wam reported, citing UAE Central Bank statist

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UAE bank guarantees reach $106bn in February

Guarantees provided by the UAE-based banks in February  increased to Dh389.4 billion ($106 billion) from Dh388.98 billion in January, with industry reports expecting a further increase in the value of this facility in line with the current

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UAE Central Bank assets surge to $109bn in 12 months

The total assets of UAE Central Bank rose to Dh398.6 billion ($108.5 billion) in 12 months until February 2018, up by more than Dh33.78 billion. The assets were Dh364.82 billion in the same period last year, said a report. The Cen

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UAE cbank logs $173m in 2017 term deposits

The UAE Central Bank's term deposits in 2017 totalled Dh636.2 billion ($173.2 million), accounting for 46.1 per cent of the total deposits which included 415.34 in local currency and an equivalent of Dh220.85 in foreign currency.

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UAE cbank launches payment systems drive

The Central Bank of the United Arab Emirates has launched an initiative to develop a National Payment Systems Strategy for the UAE. The initiative aims to position the UAE at the forefront of innovation and establish a world-class

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UAE cbank raises interest rates by 25 bps

The Central Bank of the UAE has announced that effective today (December14), it will raise interest rates applied to the issuance of its Certificates of Deposits by 25 basis points, a media report said. The move is in line with th

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UAE Central Bank gold holdings top $307 million

The UAE Central Bank's reserve of gold bars amounted to Dh1.129 billion ($307.3 million) by the end of October 2017, a growth of 11.2 per cent from Dh1.015 billion by the end of 2016. The month of April 2017 saw the Central Ba

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UAE cbank assets hit $715bn in October

The UAE Central Bank's gross bank assets, including bankers' acceptances amounted to around Dh2.639 trillion ($715 billion) during the month of October against Dh2.643 trillion in September. According to CB statistics rele

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