Dubai Banks’ Asset and Investment Portfolio Surges to 336 Billion

The banks in Dubai have increased their portfolio, which includes assets and investments, by 16.2% year-on-year, bringing it to over 336 billion dirhams during the year. As a result, their cumulative balance has risen from over 2.253 trillion dirhams in October 2024 to approximately 2.57 trillion dirhams.
According to a banking indicators report released on Tuesday by the central bank, the assets of the emirate’s banks alone grew by about 277 billion dirhams, moving from a cumulative total of 1.976 trillion dirhams in October 2024 to 2.253 trillion dirhams by October 2025. Additionally, the investments in this sector saw an increase of around 59 billion dirhams, equating to an annual growth rate of 21.3% since the beginning of the year, surpassing a cumulative level of 336 billion dirhams as of last October.
Deposit Balances
On another note, the cumulative deposit balances in the banks of Dubai experienced a 16% year-on-year rise, increasing by about 204 billion dirhams to reach 1.48 trillion dirhams by the end of October 2025. This indicates the continued appeal of banking deposits in the local market for 11 consecutive months.
Furthermore, credit issued by the emirate’s banks grew by 15.6% year-on-year, leading to a total cumulative credit balance of 1.120 trillion dirhams as of last October.
Abu Dhabi Banks
In a related matter, data showed that the total assets of Abu Dhabi banks exceeded 2.5 trillion dirhams, with investment balances reaching 427 billion dirhams and deposits amounting to 1.450 trillion dirhams.
The total assets of other banks in the country remained stable at 410 billion dirhams, while deposit balances stood at 266.5 billion dirhams and total credit reached 217 billion dirhams. The investment balance in this sector was noted to be 72 billion dirhams by the end of October of this year.
In another development, data regarding the gold reserves owned by the central bank indicated an increase of 12.27 billion dirhams over ten months, raising its total gold reserve to 35.25 billion dirhams as of the end of October this past year. This growth reflects an increase of over 53% compared to the 23 billion dirhams recorded at the end of the previous year.
Furthermore, the central bank’s reserves showed an increase of nearly 200% compared to the end of 2021, rising by 23.3 billion dirhams from a balance of 11.9 billion dirhams in December 2023.