Tuesday 25, July 2017 by Nabilah Annuar

Surplus reserves at UAE banks increase to AED 42.8 billion in June

Surplus reserves at UAE banks and other financial institutions surged to AED 42.8 billion by the end of June, a growth of 77.6 per cent, or AED 18.7 billion, from AED 24.1 billion in the first month of the year 2017, according to UAE Central Bank statistics.