account "Central Bank" of gold jumps 27.76% in 9 months

Abu Dhabi, December 18 / WAM / The Central Bank of the United Arab Emirates’ gold balance exceeded 23 billion dirhams, as at the end of the third quarter of this year, as it rose by about 5.3% on a monthly basis, or by 1.164 billion dirhams, to reach 23.185 billion dirhams, compared to 22. 021 billion dirhams at the end of last August, while its gold balance has grown since the beginning of this year by more than 27.76%, i.e. By more than 5 billion dirhams, from its level of 18.147 billion dirhams at the end of last year.
According to the statistical bulletin issued by the Central Bank today, the value of demand deposits grew by more than 3% to reach more than 1.083 trillion dirhams at the end of last September, of which 781.528 billion dirhams were in local currency.
The value of savings deposits reached 304.534 billion dirhams, of which about 256.6 billion dirhams were in local currency, and the value of term deposits reached 888.473 billion dirhams, of which about 542.6 billion dirhams were in local currency.
The statistical bulletin showed an increase in the net international reserves of the UAE banking sector, on a monthly basis, to 1.317 trillion dirhams at the end of September, compared to 1.305 trillion dirhams at the end of the previous August, while the percentage of increase since the beginning of this year reached about 15%, compared to 1.145 trillion dirhams at the end of the year. December of last year.
The statistical bulletin also showed that the number of bank employees in the Emirates increased to 38,572 employees at the end of the third quarter of this year, from 37,811 employees at the end of last June, and from its level of 38,168 employees at the end of last year.
32,276 employees work for national banks, and 6,296 employees work for foreign banks as of the end of September of this year.
Banking operations statistics issued today also showed an increase in the value of transfers carried out in the country’s banking sector, through the Emirates Financial Transfer System (UAEFTS), to exceed 14.338 trillion dirhams during the first 9 months of this year.
Transfers through the system were distributed at about 9 trillion dirhams carried out by banks, and 5.3 trillion dirhams carried out by customers.
The value of bank transfers during September alone exceeded 998.18 billion dirhams, while customer transfers amounted to about 593.2 billion dirhams.
Banking operations statistics showed that the value of checks traded using their images exceeded 979.77 billion dirhams over more than 16.728 million checks over 9 months.
The value of cash withdrawals from the Central Bank from the beginning of the year until the end of September amounted to about 151.97 billion dirhams, while cash deposits with the Central Bank amounted to about 140.83 billion dirhams.

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