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Sept 27 (Reuters) - Annual bank lending growth in the United Arab Emirates slowed in August to its lowest level since at least March 2014, central bank data showed.
NOTE. * gross. Previous figures are slightly revised.
Bank deposits, which totalled 1.486 trillion dirhams in July, fell month-on-month for a third straight month in August, shrinking by 7.5 billion dirhams.
Percentage changes are Reuters calculations based on official data.
(Reporting by Andrew Torchia; Editing by Gareth Jones) ((andrew.torchia@thomsonreuters.com; 9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
| UAE MONEY SUPPLY | END-AUG 16 | END-JULY 16 | END-AUG 15 |
| M1 change yr/yr (pct) | 3.6 | 2.0 | 5.9 |
| 2 change yr/yr | 2.3 | 2.0 | 3.6 |
| M2-M1 pct change yr/yr | 1.5 | 2.0 | 2.1 |
| M3 pct change yr/yr | 3.3 | 2.6 | -1.5 |
| Loans & advances yr/yr* | 5.8 | 6.2 | 8.6 |
NOTE. * gross. Previous figures are slightly revised.
Bank deposits, which totalled 1.486 trillion dirhams in July, fell month-on-month for a third straight month in August, shrinking by 7.5 billion dirhams.
Percentage changes are Reuters calculations based on official data.
(Reporting by Andrew Torchia; Editing by Gareth Jones) ((andrew.torchia@thomsonreuters.com; 9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
