Dh245.5 billion in saving deposits held by UAE banks by finish January 2023

Abu Dhabi: Saving deposits held by UAE bankis, excluding inter-bank deposits, elevated to Dh245.537 billion by the top of January, a year-on-year progress of Dh2.02 billion, stats from the Central Financial institution of the UAE reveal.

Financial savings deposits have seen important positive aspects over latest years, from Dh152 billion on the shut of 2018 to Dh172.2 billion in 2019 and to Dh215.2 billion in 2020. It was Dh241.8 billion in 2021. Demand for deposits grew to Dh914.74 billion by the top of January 2023, a yoy progress of 5.6 per cent from Dh866.16 billion in January 2022.