Dubai banks have extended new financing amounting to 155 billion AED from the start of the year until October.
According to data from the central bank, the accumulated credit balance for banks in the emirate has grown by 16.2% over the past ten months, reaching a total of 1.120 trillion AED.
Meanwhile, the total deposit balance in Dubai banks remained stable, staying below 1.5 trillion AED by the end of October 2025, continuing to be the preferred choice for depositors in the local market for eleven consecutive months.
Additionally, the assets of banks in the emirate held steady at a total of 2.253 trillion AED in October, compared to 2.024 trillion AED at the end of the previous year.
Furthermore, there has been a notable local growth in investment balances, increasing by 17.5% since the beginning of the year, with the total reaching 336 billion AED as of October.
On another note, data indicates that the assets of Abu Dhabi banks have surpassed 2.5 trillion AED, with investment balances recorded at 427 billion AED and deposits at 1.450 trillion AED.
The assets of other banks in the country remained stable at 410 billion AED, with deposit balances at 266.5 billion AED. Additionally, the credit balance was 217 billion AED, while the investment balance stood at 72 billion AED at the end of October this year.