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ABU DHABI / WAM
The financial facilities offered by national banks to the government and public and private sectors stood at AED11.8 billion in January, boosted by increasing dynamic economic performance and activities, according to figures released by Central Bank. Figures showed accumulated balance of financing by national banks reached AED1.3 trillion.
A preliminary reading of the facilities flow index indicated that the private sector accounted for a bulk of facilities at AED5.44 billion, raising the accumulated balance of facilities to AED 970.76 billion by the end of January against AED965.32 billion in December.