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UAE individual credit rises 18.9% to 651 billion dirhams in September 2026
Central bank data shows non-performing loan ratio declined to 2.3% from 3.2% year-on-year.
The UAE Central Bank reported individual credit reached 651 billion dirhams at the end of September 2026, an increase of 103.3 billion dirhams from 547.7 billion dirhams in September 2025, representing growth of 18.9%. The data was published in five monetary, banking and statistical reports issued by the central bank.
Non-performing loan ratio declines to 2.3%#
The non-performing loan ratio fell to 2.3% of total loans at the end of the third quarter of 2026, down from 3.2% in the same period of 2025. The total value of non-performing loans decreased by 15.3 billion dirhams to 73.25 billion dirhams, compared with 88.57 billion dirhams a year earlier, a decline of 17.3%. The ratio of non-performing loans after provisions to total capital improved to 4.7% from 6.1% in September 2025. Total bank assets reached 5.815 trillion dirhams at the end of September 2026, up from 5.2 trillion dirhams a year earlier, an increase of 615.5 billion dirhams or 11.8%.
Personal loans for consumer purposes rise 17%#
Personal loans for consumer purposes increased 17% year-on-year to 659.6 billion dirhams from 563.9 billion dirhams, an increase of 95.7 billion dirhams. Personal loans for commercial purposes, which include credit extended to high-net-worth individuals, jumped 27.9% to 94.7 billion dirhams from 74 billion dirhams in September 2025. Credit directed to real estate activities rose 13.6% to 257.2 billion dirhams from 226.4 billion dirhams. Total financing extended to the construction and real estate sectors combined reached 304.7 billion dirhams, a year-on-year increase of 31.6 billion dirhams.
Total bank deposits reach 3.568 trillion dirhams#
Total bank deposits rose to 3.568 trillion dirhams from 3.186 trillion dirhams in September 2025, a year-on-year increase of 381.7 billion dirhams or 12%. Resident deposits reached 3.25 trillion dirhams, while non-resident deposits stood at 317.9 billion dirhams. Deposits of resident individuals increased by 69.1 billion dirhams, or 8.3%, to 897.3 billion dirhams from 828.3 billion dirhams a year earlier. Savings deposits recorded annual growth of 12.2% to 430.1 billion dirhams from 383.4 billion dirhams, an increase of 46.6 billion dirhams. Time deposits reached 1.376 trillion dirhams at the end of September 2026.
International reserves and payment system volumes#
The central bank's gold bullion holdings increased to 36.81 billion dirhams at the end of September 2026 from 33.54 billion dirhams in September 2025, a year-on-year increase of 3.27 billion dirhams or 9.8%. Total international reserves of the central bank reached 957.5 billion dirhams, while the monetary base stood at 801.9 billion dirhams. Transfers executed through the UAE Funds Transfer System reached 21.734 trillion dirhams during the first nine months of 2026, up from 17.575 trillion dirhams in the same period of 2025, an increase of 4.159 trillion dirhams or 23.7%. Transfers between customers reached 8.383 trillion dirhams, up 18.3%, while interbank transfers rose 27.3% to 13.351 trillion dirhams.
Sources1 source across 1 domain
- emaratalyoum.comEmarat Al YoumIndividual credit reached 651 billion dirhams in September 2026, up 18.9% from 547.7 billion dirhams in September 2025; non-performing loan ratio fell to 2.3% from 3.2%; total bank assets reached 5.815 trillion dirhams; personal loans for consumer purposes rose 17% to 659.6 billion dirhams; total de
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