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الاتحاد
Bank assets expected to reach 5.593T AED by June 2026
The Central Bank of the UAE report shows that bank assets reached 5.593 trillion dirhams by the end of June 2026, with central bank foreign assets increasing by 3.8% to 931.4 billion dirhams, thereby strengthening the country's reserves. Additionally, bank reserve balances rose by 16.9% to 245.4 billion dirhams. The data also indicates a 0.9% growth in bank credit, reaching 2.757 trillion dirhams, alongside a 0.3% increase in deposits to 3.472 trillion dirhams. The number of local bank branches remained stable at 444, while the number of ATMs stayed at 4,384. Overall, the data reflects sustainable growth in the UAE banking sector in terms of assets, reserves, and deposits.
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