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Gross banks’ assets up 1.0% to AED5,024.1 billion at end of July 2025: CBUAE
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UrduPoint News
The money supply aggregate M2 grew by 0.6%, from AED2,531.2 billion at the end of June 2025 to AED2,546.9 billion at the end of July 2025.
The monetary base increased by 0.5%, from AED860.0 billion at the end of June 2025 to AED864.0 billion at the end of July 2025.
Gross credit increased by 1.4% from AED2,334.3 billion at the end of June 2025 to AED2,366.2 billion at the end of July 2025.
Gross credit increased due to the combined growth in domestic credit by AED21.0 billion and foreign credit by AED10.9 billion.
Within the resident deposits; government sector deposits increased by 2.9%, government-related entities deposits increased by 5.0% and private sector deposits increased by 0.7%, while non-banking financial institutions deposits decreased by 11.1%, at the end of July 2025.
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