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June 19 (Reuters) - Annual bank lending growth in the United Arab Emirates accelerated in May but money supply (M3) growth slowed, central bank data showed on Sunday.
UAE MONEY SUPPLY | END-MAY 16 | END-APR 16 | END-MAY 15 |
M1 change yr/yr (pct) | 4.1 | 7.3 | 9.6 |
M2 change yr/yr | 1.4 | 4.5 | 5.3 |
M2-M1 pct change yr/yr | -0.4 | 2.5 | 2.5 |
M3 pct change yr/yr | 1.5 | 2.2 | 3.8 |
Loans & advances yr/yr* | 6.9 | 6.7 | 8 |
NOTE. * gross
Percentage changes are Reuters calculations based on official data. Some previous money supply figures are revised.
(Reporting by Andrew Torchia) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
Keywords: EMIRATES MONEYSUPPLY/