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 الاتحاد
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Central Bank's gold reserves rise 41.7%

Central Bank's gold reserves rise 41.7%

The Central Bank of the UAE's gold reserves increased by 41.7% in April, reaching approximately 40.816 billion dirhams, marking an increase of 12.02 billion dirhams compared to the previous year. Additionally, the assets of Abu Dhabi banks grew annually by 17.5%, amounting to 2.692 trillion dirhams, with credit extended to the private sector rising by 7.9%, and their deposits increasing by 15% year-on-year.

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