17.4 billion increase in bank savings deposits in 8 months

0
39


Savings deposits in the banking sector rose to 232.63 billion dirhams at the end of August, compared to about 215.2 million dirhams at the end of last year, an increase of about 8.1%, or the equivalent of 17.4 billion dirhams, during the first eight months of the year, while it decreased by 1.06% on a monthly basis. , or 2.5 billion dirhams, compared to 235.13 billion dirhams in July.

The Central Bank’s statistical bulletin showed that demand deposits rose to 787.68 million dirhams last August, an increase on a monthly basis by 2.95%, or 22.6 billion dirhams, compared to 765.1 billion dirhams last July, while it increased by about 13% since the beginning of the year. Or the equivalent of 90.8 billion dirhams, compared to 696.88 billion at the end of December 2020.

Time deposits decreased to 537.6 billion dirhams at the end of last August, with a decrease on a monthly basis by 0.5%, or about 2.8 billion dirhams, compared to 537.6 billion dirhams in the previous July, while they decreased during the first eight months of this year by 13.3%, or 81.8 billion dirhams. , compared to 616.59 billion in December 2020.

Possession of gold

The statistical bulletin showed that the Central Bank’s balance of gold bullion rose to 11.87 billion dirhams at the end of last August, an increase on an annual basis of 32.1%, or equivalent to 2.9 billion dirhams, compared to 8.98 billion dirhams in August 2020.

The Central Bank’s statistics showed that the balance of the yellow metal decreased marginally by 0.06% on a monthly basis, compared to about 11.878 billion dirhams in the previous July, while it decreased by 7.7%, since the beginning of the year, compared to about 12.86 billion dirhams at the end of December 2020.

According to the “economic statement” monitoring, the value of the Central Bank’s balance of bullion recorded over the first eight months of this year is the largest since 2015, the date of the start of gold entering the “Central” assets, after the Central decided at the time, to return to the formation of gold reserves for the first time since 8 years, in addition to his basket of foreign exchange reserves. Gold is among the various assets owned by the Central Bank, including: liquid funds, certificates of deposit, and securities held to maturity.

Bank branches

The number of national bank branches in the country decreased to about 515 branches, distributed among 21 banks, at the end of last August, compared to 519 branches in July, 522 branches in June, 534 branches in May, and 541 branches in December 2020, and payment offices settled at 22 offices, While the number of foreign bank branches remained constant, at 27 branches, distributed among 37 banks.

The number of employees in banks in the country reached 32,62 thousand employees at the end of last August, which is the same number recorded in last July and June, distributed by 25,847 employees in national banks, and 6776 employees in foreign banks.

Print
Email








LEAVE A REPLY

Please enter your comment!
Please enter your name here