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semi-cash deposits

semi-cash deposits latest

Central Bank of UAE announces increase in cash deposits
April 12th, 2023 - 08:50 GMT

UAE Central Bank reports rise in cash deposits

ALBAWABA - The Central Bank of the United Arab Emirates has reported an increase in cash deposits to UAE Dirham (AED) 645.2 billion ($175.7 billion) in January, up by 5.6 percent. The figured compared to AED 611.1 billion ($166.4 billion) recorded in the corresponding period in 2022. Semi-cash deposits increased to AED 967.8 billion ($263.5 billion), a rise of 12.9 percent, according to a bank report. Government deposits also increased ...
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