New article:
The value of liquid assets in the banking sector in the Emirates has surged to 786.6 billion dirhams at the end of the first quarter of this year, representing a staggering 28.2% annual increase compared to the previous year. This was equivalent to a 172.8 billion-dirham increase from about 613.8 billion dirhams at the end of the first quarter of 2023, according to statistics from the Central Bank of the Emirates.
In addition, a report by the Central Bank revealed that the value of liquid assets in the country’s banking sector increased by 5.7% on a quarterly basis, amounting to 42.7 billion dirhams compared to the end of the fourth quarter of the previous year. At the end of