UAE Banking Sector Sees Continued Momentum as Gross Assets Climb to Dh4.64 Trillion

Strong increases in money supply, bank deposits, and credit highlight robust financial sector performance in February 2025, says Central Bank of the UAE. The Central Bank of the UAE (CBUAE) has reported steady growth across key banking indicators for February 2025, with gross assets in the country’s banking sector rising by 1.6% month-on-month to reach Dh4,636.8 billion. The latest Monetary & Banking Developments report reflects continued resilience in the UAE’s financial system, supported by a healthy uptick in money supply, bank deposits, and credit expansion. Solid Growth in Money Supply Money supply aggregates across the board showed positive momentum: Expanding … Continue reading UAE Banking Sector Sees Continued Momentum as Gross Assets Climb to Dh4.64 Trillion