UAE banks’ gross assets increase by 2.2% in the past one month

The Central Bank of the UAE (CBUAE) said gross assets of the banks in the country increased by 2.2 per cent to AED5,199.9 billion (US$1415.9 billion) at the end of September 2025, up from AED5,087.0 billion (US$1385.2 billion) at the end of August 2025.

Banks’ deposits grew by 1.8 per cent to AED3,186.0 billion (US$867.5 billion). The increase was driven by the growth in resident deposits by 0.7 per cent, reaching AED2,891.4 billion (US$787.3 billion), and in non-resident deposits by 14.5 per cent, reaching AED294.6 billion.

Within the resident deposits, government sector deposits decreased by 0.5 per cent, government-related entities deposits decreased by 0.1 per cent, while private sector deposits increased by 0.7 per cent, and non-banking financial institutions deposits grew by 13.8 per cent.

The CBUAE revealed money-supply related data in its Monetary & Banking Developments – September 2025.

Money supply aggregate M1 (most liquid measure of money, representing physical currency and checking accounts) in the UAE increased by 0.4 per cent – to AED1,032.7 billion (US$281.2 billion) at the end of September 2025. The increase was due to a rise in currency in circulation outside banks by 1 per cent and in monetary deposits by 0.3 per cent.

The money supply aggregate M2 (all of M1 and slightly less liquid desposits like those redeemable at notice) increased by 1 per cent to AED2,589.3 billion (US$705 billion), due to AED22.4 billion growth in Quasi-Monetary Deposits.

Money supply aggregate M3 (money supply and government deposits) also increased by 1.4 per cent, from AED3,079.5 billion (US$838.5 billion) last month to AED3,123.3 billion (US$850.5 billion). M3 increased due to the rise in M2, amplified by AED17.4 billion increase in government deposits.

The monetary base decreased by 2.5 per cent, from AED854.1 billion (US$232.6 billion) at the end of August 2025 to AED832.5 billion (US$226.7 billion) at the end of September 2025. The decline in the monetary base was driven by the decrease in reserve account by 8.9 per cent, surpassing the increase in currency issued by 0.9 per cent; banks & OFCs current accounts and overnight deposits of banks at CBUAE by 2.4 per cent, and monetary bills and Islamic certificates of deposit by 0.9 per cent.

Gross credit increased by 2.5 per cent to AED2,478.8 billion (US$675 billion). Gross credit increased due to the combined growth in domestic credit by AED43.9 billion and foreign credit by AED17.6 billion.