UAE banks’ assets rise to AED5.2 trillion at end of Sept. 2025

November 24, 2025 / 5:38 PM

Sharjah 24 – WAM: The Central Bank of the UAE (CBUAE) reported that banks’ gross assets increased by 2.2 percent, reaching AED5,199.9 billion at the end of September 2025, up from AED5,087.0 billion in August 2025.

Growth in money supply aggregates

The money supply aggregate M1 increased by 0.4 percent to AED1,032.7 billion, primarily driven by a rise in currency outside banks and monetary deposits. The M2 aggregate grew by 1.0 percent to AED2,589.3 billion, mainly due to AED22.4 billion growth in Quasi-Monetary Deposits. The M3 aggregate also increased by 1.4 percent to AED3,123.3 billion, supported by an increase in government deposits.

Changes in monetary base

The monetary base declined by 2.5 percent to AED832.5 billion. This decrease was influenced by an 8.9 percent reduction in reserve accounts, despite small increases in currency issued and bank deposits, including current accounts and overnight deposits of banks at the CBUAE.

Increase in gross credit

Gross credit expanded by 2.5 percent, reaching AED2,478.8 billion. This growth was driven by an increase in domestic credit by AED43.9 billion and foreign credit by AED17.6 billion. The growth within domestic credit was attributed to increases in credit to the government sector, public sector (government-related entities), private sector, and non-banking financial institutions.

Growth in bank deposits

Banks’ deposits grew by 1.8 percent to AED3,186.0 billion. This increase was fueled by a 0.7 percent rise in resident deposits, reaching AED2,891.4 billion, and a significant 14.5 percent rise in non-resident deposits, totaling AED294.6 billion. Within resident deposits, there was a slight decrease in government sector deposits and government-related entities, while private sector deposits increased by 0.7 percent, and deposits from non-banking financial institutions grew by 13.8 percent.