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United Arab Emirates

United Arab Emirates Financial sector Stats

Definitions

  • Assets > Bank capital to assets ratio: Bank capital to assets is the ratio of bank capital and reserves to total assets. Capital and reserves include funds contributed by owners, retained earnings, general and special reserves, provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up shares and common stock), which is a common feature in all countries' banking systems, and total regulatory capital, which includes several specified types of subordinated debt instruments that need not be repaid if the funds are required to maintain minimum capital levels (these comprise tier 2 and tier 3 capital). Total assets include all nonfinancial and financial assets."
  • Assets > Domestic credit to private sector > % of GDP: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises."
  • Assets > Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency."
  • Assets > Net foreign assets > Current LCU: Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency."
  • Capital markets > S&P Global Equity Indices > Annual % change: S&P Global Equity Indices measure the U.S. dollar price change in the stock markets covered by the S&P/IFCI and S&P/Frontier BMI country indices.
  • Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Exchange rates and prices > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Interest rates > Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Interest rates > Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Interest rates > Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions."
  • Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • Monetary holdings > Liabilities > Money and quasi money > M2 as % of GDP: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS)."
  • Monetary holdings > Liabilities > Quasi money > Current LCU: Quasi money refers to time, savings, and foreign currency deposits of resident sectors other than the central government."
STAT AMOUNT DATE RANK HISTORY
Assets > Bank capital to assets ratio 10.6% 2008 29th out of 84
Assets > Domestic credit to private sector > % of GDP 93.02% 2009 7th out of 37
Assets > Net domestic credit > Current LCU 968.34 billion 2009 12th out of 42
Assets > Net foreign assets > Current LCU 46.8 billion 2009 28th out of 42
Capital markets > S&P Global Equity Indices > Annual % change 24.57% 2009 31st out of 59
Exchange rates and prices > GDP deflator > Base year varies by country 250.52 2009 48th out of 162
Exchange rates and prices > Official exchange rate > LCU per US$ > Period average $3.67 2009 72nd out of 123
Interest rates > Deposit interest rate 3.6% 2001 114th out of 153
Interest rates > Interest rate spread > Lending rate minus deposit rate 4.45% 2001 110th out of 140
Interest rates > Lending interest rate 8.05% 2001 120th out of 146
Interest rates > Real interest rate 12.95% 2001 45th out of 144
Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio 12.32% 2009 27th out of 58
Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 740.62 billion 2009 22nd out of 42
Monetary holdings > Liabilities > Money and quasi money > M2 as % of GDP 83.66% 2009 10th out of 36
Monetary holdings > Liabilities > Quasi money > Current LCU 517.14 billion 2009 15th out of 42

SOURCES: International Monetary Fund, Global Financial Stability Report.; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, International Financial Statistics and data files.; Standard & Poor's, Global Stock Markets Factbook and supplemental S&P data.; World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, International Financial Statistics.; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.

Citation

United Arab Emirates Economy > Financial sector Profiles (Subcategories)

Assets 9 Interest rates 4
Exchange rates and prices 3 Monetary holdings 9

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