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Financial statement of commercial and Islamic banks in July.

Sana'a, 29 Sept: The total credit for private sector from commercial and Islamic banks has recorded increase by 1.6 per cent at the end of July 2009 compared to the previous month, with total amount of 424 billion and 400 million riyals.

According to the report issued by the Central Bank of Yemen the total deposits in these banks fell to 1 trillion and 260 billion riyals by the end of the this month compared to 1 trillion and 278 billion and 400 million riyals by the end of the previous month with decline of 1.4 percent.

The overall consolidated balance commercial and Islamic banks at the end of July decline to five billion and 800 million riyals to reached 1 trillion, 573 billion and 500 million riyals after it posted a growth of five billion and 600 million riyals by the end of the previous month.

The total consolidated balance sheet of these banks amounted to 1 trillion and 412 billion and 100 million riyals by the end of July 2008.

The total foreign assets of the banks reached 1 trillion, 382 billion and 700 million riyals by the end of July 2009 up from 336 billion and 200 million riyals in the previous month, up by 46 billion and 500 million with growth rate of 13.8 percent while this assets did not exceed 256 billion and 700 million riyals in end of July 2008.

Al Bawaba / Euclid Infotech Monitoring (Arabic to English)

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Publication:Al Bawaba/Euclid Infotech Monitoring (Arabic to English Service)
Date:Sep 29, 2009
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