Bank investments in UAE reach AED817.5 billion by July end

Distribution of investments and transfer activity

Investments spanned debt securities, equities, held-to-maturity securities, and other categories. Transactions through the UAE Funds Transfer System exceeded AED13.58 trillion during the first seven months, with banks executing AED8.157 trillion in transfers and customers transferring AED5.425 trillion.

Cheque transactions and cash movements

Cheque transactions cleared by image processing reached nearly AED842 billion, with over 13 million cheques processed from January to July. Cash deposits with the Central Bank totaled AED127.223 billion, while withdrawals amounted to AED138.297 billion in the same period.