4.973 trillion dirhams total bank assets at the end of the first half
Abu Dhabi on September 8 / WAM / The total bank assets increased by 1.9% to more than 4.973 trillion dirhams at the end of last June, compared to about 4.878 trillion dirhams at the end of May.
The report of the monetary and banking developments for the month of June issued by the United Arab Emirates Bank stated that the total credit increased by 1.8% to exceed 2.334 trillion dirhams at the end of June, compared to 2.293 trillion dirhams at the end of May, as a result of local credit growth of 22.5 billion dirhams and foreign credit worth 18.4 billion dirhams.
The increase in local credit is driven by increased credit directed to the private sector by 2.1%, and for non -banking financial institutions by 4.6%, while the credit granted to the government sector decreased by 0.4%, and the public sector “government -related entities” decreased by 2.3%.
Banking deposits increased by 0.9% to more than 3.045 trillion dirhams at the end of June, compared to 3.018 trillion dirhams at the end of May, due to the increase in residents of the residents by 1.7% to 2.789 trillion dirhams, exceeding the deposits of non -residents by 7.2% to record 257.2 billion dirhams.
As for the monetary offer, the N1 money supply increased by 1% to exceed 1.026 trillion dirhams at the end of June, as a result of increasing cash deposits by 8.9 billion dirhams and the increase in cash on banks by 1.7 billion dirhams.
The N2 monetary supply increased by 2.3% to exceed 2.531 trillion dirhams, with the support of N1 growth and increasing semi -monetary deposits of 46.6 billion dirhams.
The “N3” monetary was increased by 1.7% to about 2.998 trillion dirhams, as a result of the growth of “N2”, bypassing the decrease in government deposits by 7.7 billion dirhams.
The monetary base increased by 2.8%from 836.7 billion dirhams at the end of May to 860 billion dirhams at the end of June 2025, as a result of the growth of the reserve account by 6.8%, the increase in the current accounts of banks and other financial institutions and deposits for one night with the central bank by 61.2%, exceeding the decline of exporting currencies by 0.4%, and decreased cash permits and Islamic deposit certificates by 14%.
In addition, the assets of the foreign central bank increased to 969.3 billion dirhams at the end of last June, compared to about 939.1 billion dirhams at the end of May.
The foreign central central assets were distributed, as at the end of June, at 418.3 billion dirhams in the balances and deposits of banks abroad, 506 billion in foreign securities, and 45 billion dirhams in other assets.
The public budget of the Central crossed the trillion barrier for the first time, and it was distributed in the liabilities and capital category at 508.2 billion dirhams in the current accounts and deposit accounts, 256.8 billion dirhams for cash permissions and Islamic deposit certificates, 168.1 billion dirhams for banknotes and exported coins, and 26.2 billion dirhams for other litigation, and the capital and reserves reached 45.2 billion dirhams.
As for the public budget for Al -Sakazzi – the asset category, it was distributed by 237.8 billion dirhams in cash and banking balances, 196.1 billion dirhams in deposits, 532.7 billion dirhams in investments, 0.1 billion dirhams in loans and predecessors, and 37.7 billion dirhams for other assets.
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