4.878 trillion dirhams the assets of the banking sector in the UAE at the end of May

Abu Dhabi, August 18 / WAM / The total assets of banks operating in the country increased, including bank admission certificates by 2.7% to more than 4.878 trillion dirhams at the end of last May, compared to 4.749 trillion dirhams at the end of April.
According to the report of the monetary and banking developments for the month of May issued today by the United Arab Emirates Bank, the total credit increased by 1.5% to 2.293 trillion dirhams at the end of May from 2.259 trillion dirhams at the end of April, due to the growth of local credit by 7.1 billion dirhams and foreign credit by 26.9 billion dirhams.
The increase in local credit is driven by increased credit for the government sector by 2%, for the private sector by 0.8%, while the credit directed to the public sector decreased “government -related entities” by 2.4%, and to non -bank financial institutions by 2.5%.
Banking deposits increased by 1.8% to exceed 3.018 trillion dirhams at the end of May, compared to 2.965 trillion dirhams at the end of April. This is due to the increase in the deposits of residents by 1.9% to 2.741 trillion dirhams, and the increase in non -resident deposits by 0.6% to 277.2 billion dirhams.
Within the deposits of the residents, the deposits of the government sector increased by 3.4%, the deposits of the private sector by 1.9%, and the deposits of entities related to the government by 1.3%, while the deposits of non -banking financial institutions fell by 6.1%.
As for the monetary offer, the N1 money supply increased by 0.4% to exceed 1.015 trillion dirhams at the end of May 2025, as a result of increasing cash deposits by 3.4 billion dirhams and the increase in cash on banks by 0.3 billion dirhams.
The “N2” monetary supply increased 1.6% to 2.474 trillion dirhams, with the support of the growth of “N1” and increasing semi -monetary deposits of 34.7 billion dirhams.
The “N3” monetary was increased by 1.7% to 2.948 trillion dirhams, driven by an increase of “N2” and the increase in government deposits by 11.5 billion dirhams.
The monetary base increased by 2.2%from 819 billion dirhams at the end of April to 836.7 billion dirhams at the end of May 2025, as a result of the growth of the exporting currencies 2.1%, the increase in the reserve account by 29.2%, the increase in cash permissions and Islamic deposit certificates by 3.1%, exceeding the current accounts of banks and other financial institutions and deposits per night with the central bank by 48.8%.
In addition, according to the data issued today, the assets of the foreign central bank increased to 939.1 billion dirhams at the end of May, compared to 937.5 billion dirhams at the end of April.
The foreign Central Assets were distributed, as at the end of May, at 407.4 billion dirhams in bank balances and deposits of banks abroad, 487 billion dirhams in foreign securities, and 44.7 for other foreign assets.
The public budget of the Makazzi amounted to 974.2 billion dirhams, distributed in the liabilities and capital category by 443.2 billion dirhams in the current accounts and deposit accounts, 298.5 billion dirhams for cash permissions and Islamic deposit certificates, 168.7 billion dirhams for banknotes and exported coins, and 19.7 billion dirhams for other liabilities, and the capital and reserves amounted to 44.2 billion dirhams.
As for the public budget for Al -Sakazi – the asset category, it was distributed by 196.8 billion dirhams in cash and banking balances, 226.4 billion dirhams in deposits, 513.7 billion dirhams in investments, 0.5 billion dirhams in loans and predecessors, and 36.8 billion dirhams for other assets.

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