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The Central Bank budget exceeded 560 billion dirhams at the end of February, the highest level in its history

Abu Dhabi, May 16: The balance sheet of the UAE Central Bank exceeded 560 billion dirhams at the end of last January, to record the highest level in its history, according to the latest statistics of the Central Bank.

And the Central Bank stated, in the balance sheet report for the month of February 2023, that its balance sheet increased on a monthly basis by 0.8%, to reach 564.25 billion dirhams at the end of last February, compared to about 559.88 billion dirhams in the previous January, while it increased by about 1.67% since the beginning of the year. current compared to about 554.99 billion dirhams at the end of December 2022.

The balance sheet of the Central Bank increased on an annual basis by 6.5%, or the equivalent of 34.6 billion dirhams, compared to about 529.62 billion dirhams in February 2022.

According to the statistics, the Central Bank’s budget was distributed on the assets side by 230.51 billion dirhams for cash and bank balances last February, in addition to investments saved to maturity by about 192.8 billion dirhams, 108.44 billion dirhams for deposits, 5.83 billion dirhams for loans and advances, and 26. 67 billion dirhams for other assets.

On the liabilities and capital side, the balance sheet was distributed at 244.19 billion dirhams for current accounts and deposit accounts, about 179.54 billion dirhams for certificates of deposit and cash promissory notes, 123.61 billion dirhams for issued cash notes and coins, 13.18 billion dirhams for capital and reserves, and 3.73 billion dirhams. other opponents.

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