UAE's banking sector liquid assets stand at AED786.6 billion in Q1-24

Abu Dhabi [UAE], June 15 (ANI/WAM): The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2 per cent, or AED172.8 billion, compared to approximately AED613.8 billion at the end of Q12023.

In its report on key financial stability indicators for Q1-24, released today, the Central Bank of the UAE (CBUAE) stated that the value of these liquid assets in