November 6, 2013 / 9:11 AM / 4 years ago

TABLE-UAE August bank lending growth highest since at least 2010

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Nov 6 (Reuters) - Bank lending in the United Arab Emirates
grew 6.9 percent from a year earlier in August, the fastest pace
since at least early 2010, when comparable data became
available, central bank figures showed on Wednesday.
     
UAE MONEY SUPPLY         END-AUG 13  END-JULY 13  END-AUG 12
 M1 change yr/yr (pct)       22.1        20.4         10.5
 M2 change yr/yr             12.5        11.9          1.9
   M2-M1 pct change yr/yr     7.5         7.4         -2.1
 M3 pct change yr/yr         14.1        14.2          2.6
 Loans & advances yr/yr*      6.9         6.4          3.2
    NOTE. Data for 2013 estimates subject to revision, * net of
provisions. Percentage changes are Reuters calculations based on
official data.

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