Dubai banks attract 37 billion dirhams and Abu Dhabi 20 billion

Statistics from the Central Bank of the Emirates revealed that Dubai banks attracted new deposits amounting to 37 billion dirhams during the month of February 2026, with a growth of 2.4%, reaching 1.598 trillion dirhams, compared to 1.561 trillion dirhams at the end of last January.
While Abu Dhabi banks recorded an increase in their deposits by 1.4%, or the equivalent of 20 billion dirhams, to reach 1.507 trillion dirhams, compared to 1.487 trillion dirhams at the end of last January, while in other banks they increased by 1.9%, or by about 5.4 billion dirhams, to reach 293.6 billion dirhams, compared to 288.2 billion dirhams at the end of January 2026.

High credit

According to the Central Bank, the credit granted by Dubai banks, during the month of February, increased by 2.1%, or the equivalent of 24 billion dirhams, to reach 1.186 trillion dirhams, compared to 1.162 trillion dirhams at the end of last January.
While it increased in Abu Dhabi banks by 0.6%, equivalent to 7 billion dirhams, to reach 1.216 trillion dirhams, compared to 1.209 trillion dirhams at the end of last January, and it increased in other Emirates banks by 0.4%, or by about 900 million dirhams, to reach 227.5 billion dirhams, compared to 226.6 billion dirhams at the end of last January.

Bank investments

Dubai banks’ investments increased during February 2026 by 1.1%, or by about 3.8 billion dirhams, to reach 355.5 billion dirhams, compared to 351.7 billion dirhams at the end of last January.
It increased in Abu Dhabi banks by 1.2%, equivalent to 5.5 billion dirhams, to reach 450.3 billion dirhams, compared to 444.8 billion dirhams at the end of last January.
It decreased in other Emirati banks by 0.9%, or the equivalent of 0.7 billion dirhams, to reach 75.1 billion dirhams, compared to 75.8 billion dirhams at the end of January.

By Editor

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