In February 2025, the banking sector's assets in the UAE reached a historic maximum of 4,636.8 billion dirhams, representing a monthly growth of 74.5 billion dirhams compared to January 2025 and an increase of 1.6%. According to the Central Bank data, the growth of all other indicators has been fixed, which is the highest in the last six years.
The total volume of bank deposits at the end of February amounted to 2,874 trillion dirhams, indicating an increase of 1.2% compared to 2,840.7 billion dirhams at the end of January. Assets continue to exceed the total volume of the loan portfolio by 669.5 billion dirhams, indicating the strength of the banking sector and its ability to effectively overcome crises.
The country's reserve assets at the end of February 2025 rose by 3.1%, reaching 816.6 billion dirhams, increasing by 24.7 billion dirhams compared to the end of January. The total money supply (M1) increased by 1.8%, rising from 965.3 billion dirhams in January 2025 to 982.9 billion dirhams by February 2025.
The volume of money in circulation (M2) grew due to the increase in total money supply (M1) and grew by 25 billion dirhams due to quasi-monetary deposits. The total money supply (M3), including government deposits in commercial banks and the Central Bank, also increased by 0.8% in February compared to January.
The results indicate an increase in cash in circulation and deposits, reflecting the sustainability of the financial sector in the UAE.
