UAE bank Investments up to AED483.3 bn by end of September 2022

UAE bank Investments up to AED483.3 bn by end of September 2022

ABU DHABI, 14th December 2022 (WAM) -- UAE-based bank investments grew to AED483.3 billion by the end of September, 1.55 percent up from AED475.9 billion in September 2021, statistics showed by the Central Bank of the UAE have showed.

These investments increased 2.13 percent or by AED10.1 bn during the first nine months of 2022.

According to the CBUAE's figures, debt securities accounted for 49.5 percent of these investments, hitting AED239.5 bn by the end of September.

Held-to-maturity-securities comprised 38.9 percent, or AED187.8 bn of the total investments, a growth of 56.5 percent from AED120 bn by the end of September 2021.

Other investments reached around AED44.7 bn by the end of September.