The nation’s banking sector continued to guide the Arab and Gulf nations, recording a brand new historic degree, due to its belongings that amounted to 4 trillion and 254 billion dirhams on the finish of March. final yr, for the primary time ever, in comparison with 4 trillion and 198 billion dirhams on the finish of the earlier February, a month-to-month enhance of 56 billion dirhams Progress of 1.3%, based on knowledge printed yesterday by ‘ Central Financial institution.
The information additionally confirmed recorded efficiency indicators on the degree of deposits and credit score.
In keeping with the info, financial institution deposits noticed a rise in February by 49 billion dirhams, reaching two trillion and 657 billion dirhams on the finish, in comparison with two trillion and 608 billion on the finish of February, with a month-to-month progress of 1.9%.
Complete credit score additionally elevated by 1.7%, rising from two trillion and 13.5 billion dirhams on the finish of February 2024, to 2 trillion and 47 billion dirhams on the finish of March final yr, a month-to-month enhance of 33.5 billion dirhams.
The information additionally confirmed a big enhance within the complete international belongings of the Central Financial institution, which on the finish of March recorded its highest degree, reaching 731.6 billion dirhams by the tip of the month, in comparison with 708 billion dirhams on the finish the earlier February. , a month-to-month enhance of 23.6 billion dirhams, and a progress of three.3 %.
The merchandise of financial institution balances and deposits with banks overseas, amongst international belongings, on the finish of March elevated to 489.3 billion dirhams, in comparison with 467.6 billion dirhams, on the finish of the earlier February, a month-to-month enhance of 21.7 billion dirhams , with modified thus far +4.6% in comparison with yesterday.
In keeping with the Central Financial institution’s price range knowledge, the financial belongings and financial institution balances of the Central Financial institution rose to 359 billion dirhams on the finish of March final yr, in comparison with 321 billion on the finish of February final yr, a month-to-month enhance of 38 billion dirhams, equal to modified thus far +11.8% in comparison with yesterday.
The overall belongings of the Central Financial institution reached 771.2 billion dirhams on the finish of March, in comparison with 747.6 billion dirhams on the finish of February, a rise of 23.6 billion dirhams, and a progress of about 3.2%.
Alternatively, the full liabilities and capital recorded on the finish of March 771.2 billion dirhams, in comparison with 747.6 billion dirhams in February final yr.
The Central Financial institution stated within the monetary and banking developments report for the month of March that the financial base elevated by 2.1% from 689.5 billion dirhams on the finish of final February to 703.7 billion dirhams on the finish of March 2024, as as a result of 5.4% enhance in export currencies and the reserve account by 21%.
The report defined that the cash provide “M1”, which incorporates cash in circulation outdoors banks and cash deposits (present accounts and demand accounts with banks), rose 3.7% from 847 billion dirhams on the finish of February to 878.1 billion dirhams on the finish of March, and this was attributed to the rise The worth of cash in circulation outdoors banks elevated by six billion dirhams, in addition to a rise in money deposits by 25.1 billion dirhams.
The report confirmed a rise within the complete cash provide “M2”, which incorporates “M1” in addition to semi-monetary deposits (time deposits and financial savings deposits for residents in dirhams and deposits of residence in foreign exchange) by 1.4% from 2.105 trillion. dirhams on the finish of February final yr, to 2.135 trillion dirhams on the finish of March 2024.
The overall cash provide “M3”, which incorporates “M2” in addition to authorities deposits with banks working within the nation in addition to with the Central Financial institution elevated by 1.9% from two trillion and 535 billion dirhams on the finish of February final yr to 2 trillion and 584 billion dirhams on the finish of March That is as a result of enhance primarily because of a rise in cash provide (M2), in addition to a rise in authorities deposits with 18.6 billion dirhams.
2024-06-13 00:05:00
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