UAE banking assets up 12 percent in 2001

Published February 12th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Emirates Central Bank reported that the total assets of operating investment and commercial banks in the United Arab Emirates (UAE) grew to 423.4 billion Emirati Dirhams ($115 billion) by the end of September 2001 compared with Dh 378 billion in the end of the same month of the previous year, reported Al-Ahram . These figures translate into a 12 percent growth. — (menareport.com) 

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