CBUAE's balance sheet hits AED790 billion in April, up 25% YoY

ABU DHABI, 11th July, 2024 (WAM) -- The balance sheet of the Central Bank of the UAE (CBUAE) hit a record AED789.82 billion by the end of April 2024, for the first time of its history, a YoY growth of 25 percent from approximately AED631.63 billion in April 2023, as per a CBUAE report released today.

On a monthly basis, the apex bank's balance sheet increased by 2.4 percent, or AED18.6 billion, from AED771.23 bil