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Economy Local 2025-12-08T13:13:58+00:00

Growth in UAE Banking Assets and Credit

The Central Bank of the UAE reported a 0.2% increase in total banking assets and a 1.5% rise in total credit in October 2025, driven by growth in both domestic and foreign lending.

Growth in UAE Banking Assets and Credit

The Central Bank of the UAE announced in its 'Monetary and Banking Developments for October 2025' report that total banking assets increased by 0.2%, equivalent to AED 9 billion, to reach AED 5.208 trillion at the end of October 2025, compared to AED 5.199 trillion at the end of September. Total credit rose by 1.5%, or about AED 37 billion, to reach AED 2.515 trillion, compared to AED 2.478 trillion. This increase was due to growth in domestic credit by AED 16.5 billion and foreign credit by AED 19.9 billion. The rise in domestic credit is attributed to...

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