Statistics issued by the Central Bank of the UAE show that the aggregate balance sheet of the operating foreign banks in the UAE rose to Dh 147.97 billion by the end of September 2005, up from Dh 99.21 billion by the end of September 2004, an increase of Dh 48.77 billion, which is equivalent to 49.16%.
The total credit and local investments by the operating foreign banks in the UAE rose to Dh 71.9 billion by the end of September 2005, up from Dh 52.76 billion by the end of September 2004, an increase of Dh 19.14 billion, which is equivalent to 36.28%.
