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المشهد العربي
UAE banks' assets reach 5.74T Dirhams
The banking sector in the United Arab Emirates experienced strong growth by the end of August 2026, with its assets reaching 5.74 trillion dirhams. This represents an annual increase of 13% and a monthly rise of 72.2 billion dirhams. Bank deposits amounted to 3.51 trillion dirhams, growing by 12% annually and remaining stable compared to July. Total bank credit stood at 2.87 trillion dirhams, up 19% year-on-year, with domestic credit increasing by 2.8% to nearly 2.9 trillion dirhams, and foreign credit growing by 1.6%. The growth also extended to financing directed toward the private sector and individuals, with personal loans increasing by 5.6% and corporate financing rising by 2.4%.
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