Banking Sector Review Executives Meet Bankers
The article focuses on reviewing the performance of the banking sector in the UAE up to August 2026. The Governor of the Central Bank of the UAE highlighted a 12.9% growth in banking assets, reaching 5.7 trillion dirhams, along with an 18.8% increase in loans and a 13% rise in deposits. Non-performing loan ratios decreased to 2.6%, while the sector's resilience was reinforced through a financial support measure worth 15.9 billion dirhams, benefiting approximately 156,000 clients, including individuals, small and medium-sized enterprises, and large corporations. The meeting confirmed the strength of the financial system and emphasized the importance of continued innovation and digital transformation, while maintaining governance standards and risk management to ensure the leadership of the UAE banking sector and sustained economic growth.
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