Emirati banks' assets reach 5.63T dirhams
By the end of May 2026, the assets of Emirati banks rose to 5.633 trillion dirhams, with a monthly growth rate of 1.1%. This increase was driven by a 0.5% growth in local credit, which reached 2.733 trillion dirhams, with deposits totaling 3.463 trillion dirhams. Additionally, deposits from non-residents increased by 3.6%, and bank reserves held with the Central Bank rose by 49.4% to reach 295.4 billion dirhams.
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