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UAE bank investments up to $132bn by September end

Central Bank of the UAE.
By TRENDS Desk
December 15, 2022 10:14 am
  • According to CBUAE's figures, debt securities accounted for 49.5 percent of these investments, hitting $66 billion
  • Held-to-maturity-securities comprised 38.9 percent, or $51 billion of the total investments

Abu Dhabi, UAE — UAE-based bank investments grew to AED483.3 billion ($132 billion) by the end of September, 1.55 percent up from AED475.9 billion ($130 billion) in September 2021, statistics showed by the Central Bank of the UAE have showed.

These investments increased 2.13 percent or by AED10.1 billion ($3 billion) during the first nine months of 2022.

According to CBUAE’s figures, debt securities accounted for 49.5 percent of these investments, hitting AED239.5 billion ($66 billion) by the end of September.

Held-to-maturity-securities comprised 38.9 percent, or AED187.8 billion ($51 billion) of the total investments, a growth of 56.5 percent from AED120 billion ($33 billion) by the end of September 2021.

Other investments reached around AED44.7 billion ($12 billion) by the end of September.

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