New Deposits Reach 394 Billion Dirhams with a 16% Yearly Growth
UAE banks have added 900 billion dirhams to their asset portfolio, which includes both assets and investments. This marks a 22% increase compared to the previous year, bringing the total assets of 23 national banks to 5.5 trillion dirhams by the end of November 2025.
According to data from the central bank, national banks account for 90% of the total cumulative assets of 61 banks operating within the UAE’s banking sector.
Additionally, the national banks in the UAE increased their investment base by 100 billion dirhams, raising the cumulative total to approximately 800 billion dirhams, reflecting a year-on-year rise of 15.5%. They also attracted new deposits worth 394 billion dirhams over the year, which is a 16% increase, bringing the total deposits to 2.876 trillion dirhams by the end of November 2025.
The growth in deposits was primarily driven by a 15.2% increase in resident deposits, which comprised 93% of the total deposits in national banks, while non-resident deposits made up 7%.
On another note, these banks have raised the total amount of credit extended by over 352 billion dirhams during this period, marking a 17.7% year-on-year increase, and bringing the total credit to 2.341 trillion dirhams by the end of November 2025.