Money and business

The assets of the banking sector exceeding 4.749 trillion dirhams at the end of April

Abu Dhabi, July 23 / WAM / The total bank assets increased, including bank admission certificates, by 0.6% on a monthly basis to exceed 4.749 trillion dirhams at the end of April 2025, compared to about 4.719 trillion dirhams at the end of the previous March.
According to the report of the monetary and banking developments for the month of April issued today by the United Arab Emirates Bank, the total bank credit increased by 0.9% to exceed 2.259 trillion dirhams at the end of April, compared to about 2.240 trillion dirhams at the end of March, which is due to the increase in local credit worth 12.3 billion dirhams, and the increase in foreign credit by 7.1 billion AED.
The increase in local credit is due to the increased credit directed to the government sector by 0.7%, and the public sector “government -related entities” 1.2%, in addition to the credit growth of the private sector by 0.6%, while the credit granted to non -banking financial institutions decreased by 4.3%.
Also, total bank deposits increased by 1% on a monthly basis to exceed 2.965 trillion dirhams at the end of April, compared to about 2.936 trillion dirhams at the end of March.
This increase is due to the increase in the deposits of residents by 0.1% to reach more than 2.689 trillion dirhams, in addition to the increase in non -resident deposits by 10.9% to reach 275.6 billion dirhams.
Within the deposits of the residents, the government sector deposits increased by 0.9%, and the deposits of the private sector increased by 1.1%, while the deposits of non -banking financial institutions decreased by 9.2%, and government -related entities fell by 6.5%at the end of April 2025.
The Central Bank announced the increase in the “N1” monetary “N1” 2.6% to reach 1.011.9 trillion dirhams at the end of April, compared to 986.2 billion dirhams at the end of March, as a result of increasing cash deposits by 26.9 billion dirhams, overcoming the decrease in cash circulating outside banks by 1.2 billion dirhams.
On the other hand, the N2 monetary width decreased by 0.1% to about 2.435 trillion dirhams at the end of April, compared to about 2.437.7 trillion dirhams at the end of March, as a result of the decline in semi -monetary deposits by 27.8 billion dirhams.
The “N3” monetary increased by 0.2% from 2.893.7 trillion dirhams at the end of March to 2.898.2 trillion dirhams at the end of April, due to the increase in government deposits by 6.6 billion dirhams.
The data showed that the monetary base decreased by 1.7% from 833.1 billion dirhams at the end of March to 819 billion dirhams at the end of April.
This decline is due to the decrease in the exporting currencies by 2.5%, the decline in the reserve account by 32.0%, despite the large increase by 159.8%in the current accounts of banks and other financial institutions and deposits for one night with the Central Bank, the increase in cash permissions and Islamic deposit certificates by 3.1%.

In addition, according to the data issued today, the assets of the foreign central bank increased to 937.5 billion dirhams at the end of last April, compared to 935.2 billion dirhams at the end of the previous March.
The foreign Central Assets were distributed, as at the end of April, at 403.2 billion dirhams in bank balances and deposits of banks abroad, 490.1 billion dirhams in foreign securities, and 44.1 for other foreign assets.
The public budget of the Makazzi amounted to 972.3 billion dirhams, distributed in the liabilities and capital category by 449.1 billion dirhams for current accounts and deposit accounts, 279.9 billion dirhams for cash permissions and Islamic deposit certificates, 165.2 billion dirhams for banknotes and issued coins issued, 33.2 billion dirhams for other assets of other litigation, and the capital reached the capital Reserves are 45 billion dirhams.
As for the public budget for Al -Sakhzi – the asset category, it was distributed by 210.9 billion dirhams in cash and banking balances, 208 billion dirhams in deposits, 516.8 billion dirhams in investments, 0.5 billion dirhams in loans and predecessors, and 36.2 billion dirhams for other assets.

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