Gross Banks’ Assets Increase To AED 4,878.3 Billion At End Of May 2025 According To CBUAE

The Central Bank of the UAE (CBUAE) reported a 0.4% rise in the M1 money supply, reaching AED1,015.6 billion by May 2025. This growth stemmed from a AED3.4 billion increase in monetary deposits and a AED0.3 billion rise in currency circulating outside banks.

In May 2025, the CBUAE noted that the M2 money supply grew by 1.6%, climbing to AED2,474.0 billion. This was due to an increase in M1 and a significant AED34.7 billion boost in Quasi Monetary Deposits.

The M3 money supply also saw a 1.7% increase, reaching AED2,948.1 billion by the end of May 2025. The rise in M3 was attributed to the growth in M2 and an additional AED11.5 billion in government deposits.

The monetary base expanded by 2.2%, amounting to AED836.7 billion at the end of May 2025. This expansion was driven by a 2.1% rise in currency issued, a substantial 29.2% increase in reserve accounts, and a 6.6% growth in monetary bills and Islamic certificates of deposit.

Gross banks’ assets, including bankers’ acceptances, rose by 2.7%, totalling AED4,878.3 billion by May's end. This reflects an overall strengthening of banking assets within the UAE during this period.

Credit Growth Dynamics

Gross credit experienced a 1.5% increase, reaching AED2,293.4 billion by May's conclusion. Domestic credit grew by AED7.1 billion while foreign credit surged by AED26.9 billion.

Within domestic credit, there were increases of 2% for government sector credit and 0.8% for private sector credit; however, public sector credit decreased by 2.4%, alongside a 2.5% decline for non-banking financial institutions.

Banks' Deposits Overview

Banks' deposits increased by 1.8%, totalling AED3,018.5 billion at May's end due to resident deposits rising by 1.9% to reach AED2,741.3 billion and non-resident deposits increasing by 0.6%, settling at AED277.2 billion.

Within resident deposits: government sector deposits rose by 3.4%, private sector deposits increased by 1.9%, and government-related entities saw a rise of 1.3%. However, non-banking financial institutions' deposits fell sharply by 6.1%.

This comprehensive overview highlights key financial developments within the UAE's banking sector as of May 2025, showcasing growth across various monetary aggregates and banking metrics.

With inputs from WAM