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UAE gross bank assets up to $939.07bn by end of June: CBUAE

UAE’s gross bank assets, including bankers’ acceptances, rose by 0.2%, from AED3.44 trillion at the end of May 2022 to AED3.45 trillion ($939.07 billion) at the end of June 2022, the Central Bank of the United Arab Emirates (CBUAE) said.
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Gross banks' assets in UAE stand at Dhs3,442.7 billion in May, says Central Bank

Gross banks' assets in UAE stand at Dhs3,442.7 billion in May, says Central Bank
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Smaller Private Banks May Benefit From Access To Government Business

Smaller Private Banks May Benefit From Access To Government Business
Feb 25 2021, 10:10 AM
February 25 2021, 9:52 AM
February 25 2021, 10:10 AM
A decision to allow private banks to once again vie for government business could help smaller such lenders, brokerages said a day after the Finance Ministry made the announcement.Private banks have been given access to government business, such as salary and pensions, tax collections and disbursements for schemes, in stops and starts. At present, only the three or four largest private banks do such business along with government-own.
A decision to allow private banks to once again vie for government business could help smaller such lenders, brokerages said a day after the Finance Ministry made the announcement. ....

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