Annual bank lending growth in the United Arab Emirates slowed slightly in July, central bank figures showed on Wednesday.

UAE MONEY SUPPLY

END-JULY 18

END-JUNE 18

END-JULY 17

M1 change yr/yr (pct)

-0.2

-2.3

5.9

M2 change yr/yr

3

2.6

6.1

M2-M1 pct change yr/yr

5.1

5.9

6.3

M3 pct change yr

6.6

6.2

6.9

Loans & advances yr/yr*

3.2

3.4

3.4

NOTE. * gross.

Bank deposits, which totalled 1.684 trillion dirhams in June, rose by 10.6 billion dirhams month-on-month in July because of a 4.6 billion dirham gain in resident deposits and a 6.0 billion dirham increase in non-resident deposits. Government deposits edged up by 0.2 billion dirhams.

(Reporting by Andrew Torchia; Editing by Vyas Mohan) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))