Abu dhabi: The Central Bank of the UAE (CBUAE) revealed that gross banks' assets increased by 0.8 percent from AED5,208.8 billion at the end of October 2025 to AED5,251.9 billion at the end of November 2025.
According to Emirates News Agency, in the Monetary and Banking Developments - November 2025 report issued by the CBUAE, gross credit increased by 0.7 percent from AED2,515.2 billion at the end of October 2025 to AED2,532.9 billion at the end of November 2025. This increase in gross credit was attributed to the combined growth in domestic credit by AED9.0 billion and in foreign credit by AED8.7 billion.
The growth in domestic credit was influenced by increases in credit to the government sector by 2.6 percent, the private sector by 0.4 percent, and credit to non-banking financial institutions by 3.6 percent, which overshadowed a decrease in credit to the public sector, specifically government-related entities, by 1.0 percent.
Banks' deposits saw a rise of 1.0 percent, from AED3,203.6 billion at the end of October 2025 to AED3,236.6 billion at the end of November 2025. This increase was driven by the growth in resident deposits by 1.4 percent, reaching AED2,971.2 billion, while non-resident deposits decreased by 2.4 percent, standing at AED265.4 billion.
Within resident deposits, government sector deposits rose by 0.6 percent to AED439.2 billion, private sector deposits increased by 1.2 percent to AED2,187.3 billion, government-related entities deposits climbed by 3.0 percent to AED282.7 billion, and non-banking financial institutions deposits grew by 3.3 percent to AED62.0 billion by the end of November 2025.
The monetary base experienced a 1.7 percent increase, from AED836.1 billion at the end of October 2025 to AED850.1 billion at the end of November 2025. This growth in the monetary base was driven by a 21.5 percent rise in the reserve account, a 2.6 percent increase in currency issued, and an 8.8 percent growth in monetary bills and Islamic certificates of deposit, despite a 37.3 percent decrease in banks and OFCs current accounts and overnight deposits of banks at CBUAE.
The Central Bank also noted a 1.7 percent decrease in money supply aggregate M1, from AED1,065.9 billion at the end of October 2025 to AED1,048.1 billion at the end of November 2025. This decrease was due to a 2.3 percent drop in monetary deposits, which overshadowed a 2.2 percent increase in currency circulation outside banks.
Conversely, the money supply aggregate M2 increased by 1.5 percent, from AED2,628.9 billion at the end of October 2025 to AED2,669.3 billion at the end of November 2025, driven by a AED58.2 billion growth in Quasi-Monetary Deposits. Money supply aggregate M3 also rose by 1.5 percent, from AED3,167.3 billion at the end of October 2025 to AED3,216.3 billion at the end of November 2025, due to an increase in M2, further aided by an AED8.6 billion increase in government deposits.