UAE Banks' Assets Rise To AED 5.2 Trillion At End Of September 2025, Reports CBUAE

The Central Bank of the UAE (CBUAE) reported a 2.2% rise in gross banks' assets, reaching AED5,199.9 billion by September 2025, up from AED5,087.0 billion in August 2025. This growth reflects the overall expansion in the banking sector's financial position during this period.

Gross credit saw a 2.5% increase, moving from AED2,417.3 billion at the end of August to AED2,478.8 billion by September 2025. This rise was due to a combination of domestic credit growth by AED43.9 billion and foreign credit by AED17.6 billion.

The money supply aggregate M1 experienced a slight increase of 0.4%, from AED1,028.7 billion in August to AED1,032.7 billion in September 2025. This was attributed to a 1% rise in currency circulation outside banks and a 0.3% increase in monetary deposits.

In terms of deposits, banks witnessed a growth of 1.8%, with total deposits reaching AED3,186.0 billion by September 2025 compared to AED3,128.5 billion at the end of August. Resident deposits grew by 0.7%, totalling AED2,891.4 billion, while non-resident deposits surged by 14.5%, amounting to AED294.6 billion.

The monetary base declined by 2.5%, falling from AED854.1 billion at the end of August to AED832.5 billion by September 2025. This decrease was primarily driven by an 8.9% reduction in reserve accounts, which outweighed increases in currency issued and other factors.

Domestic credit growth was notable across various sectors: government credit rose by 0.4%, public sector credit increased by 7.2%, private sector credit went up by 1.5%, and non-banking financial institutions saw a significant rise of 9.1%.

Sector-Specific Deposit Changes

Within resident deposits, there were some fluctuations: government sector deposits fell by 0.5%, and government-related entities' deposits decreased slightly by 0.1%. However, private sector deposits increased by 0.7%, while non-banking financial institutions' deposits grew significantly by 13.8% as of September's end.

The money supply aggregate M3 also rose by 1.4%, moving from AED3,079.5 billion at the end of August to AED3,123.3 billion in September 2025 due to increases in M2 and an additional AED17.4 billion boost from government deposits.

Overall, these developments indicate a dynamic shift within the UAE's banking landscape during this period as reflected in various monetary aggregates and credit expansions across different sectors.

With inputs from WAM