ABU DHABI (WAM)
Gross banks’ assets increased by 2.2 percent from Dh5,087.0 billion at the end of August 2025 to Dh5,199.9 billion at the end of September 2025, according to the Central Bank of the UAE (CBUAE)
In its Monetary & Banking Developments – September 2025, the CBUAE announced an increase in money supply aggregate M1 by 0.4 percent, from Dh1,028.7 billion at the end of August 2025 to Dh1,032.7 billion at the end of September 2025. The increase was due to a rise in currency in circulation outside banks by 1.0 percent and in monetary deposits by 0.3 percent.
The money supply aggregate M2 increased by 1.0 percent, from Dh2,562.9 billion at the end of August 2025 to Dh2,589.3 billion at the end of September 2025. M2 increased due to a Dh22.4 billion growth in Quasi-Monetary Deposits.
Money supply aggregate M3 also increased by 1.4 percent, from Dh3,079.5 billion at the end of August 2025 to Dh3,123.3 billion at the end of September 2025. M3 increased due to the rise in M2, amplified by a Dh17.4 billion increase in government deposits.
The monetary base decreased by 2.5 percent, from Dh854.1 billion at the end of August 2025 to Dh832.5 billion at the end of September 2025. The decline in the monetary base was driven by the decrease in reserve account by 8.9 percent, surpassing the increase in currency issued by 0.9 percent, also banks & OFCs current accounts & overnight deposits of banks at CBUAE by 2.4 percent, and monetary bills & Islamic certificates of deposit by 0.9 percent.
Gross credit increased by 2.5 percent from Dh2,417.3 billion at the end of August 2025 to Dh2,478.8 billion at the end of September 2025. Gross credit increased due to the combined growth in domestic credit by Dh43.9 billion and foreign credit by Dh17.6 billion. The growth in domestic credit was due to the increases in credit to the; government sector by 0.4 percent, public sector (government-related entities) by 7.2 percent, private sector by 1.5 percent and non-banking financial institutions by 9.1 percent.
Banks’ deposits grew by 1.8 percent, from Dh3,128.5 billion at the end of August 2025 to Dh3,186.0 billion at the end of September 2025. The increase in banks’ deposits was driven by the growth in resident deposits by 0.7 percent, reaching Dh2,891.4 billion, and in non-resident deposits by 14.5 percent, at Dh294.6 billion.
Within the resident deposits; government sector deposits decreased by 0.5 percent, government-related entities deposits decreased by 0.1 percent. While private sector deposits increased by 0.7 percent, and non-banking financial institutions deposits grew by 13.8 percent, at the end of September 2025.