The total investments by banks operating in the country continued to rise steadily, reaching Dh666.2 billion at the end of April 2024, registering growth of 0.3 percent on a monthly basis, and five percent since the beginning of the year, according to banks indicators issued by the Central Bank of the UAE (CBUAE) on Friday.

The figures showed a 21 percent increase in investments at th end of April 2024 compared to the same month last year.

At te end of last April, the investments included debt securities at Dh270.5 billion, equities at Dh16.6 billion, held to maturity securities at Dh328.5 billion, and other investments at Dh50.6 billion.

WAM