Investor Presentaiton
CBUAE Classification: Public
3rd Quarter 2022 [UNITED ARAB EMIRATES MONETARY, BANKING & FINANCIAL MARKETS DEVELOPMENTS]
2- Bank Assets and Loans
At the end of the third quarter of 2022, total assets of banks operating in the UAE increased by 3.9% (q-o-q), reaching AED 3,583.0 billion. During
the period between September 2021 and September 2022, the total assets of banks operating in the UAE increased by 10.3% (y-o-y).
Gross credit increased by 0.4% (q-o-q), reaching 1,873.4 billion at the end of September 2022. On an annual basis, gross credit increased by 5.5%.
3- Customer Deposits
At the end of September 2022, total deposits of resident and non-resident customers with banks operating in the UAE rose by 4.5% (q-o-q) and
annually by 12.6% (y-o-y), reaching AED 2,186.9 billion. Resident deposits increased by 6.2% (q-o-q), reaching AED 1,958.3 billion at the end of
the third quarter of 2022. Non-resident deposits decreased by 8.0% (q-o-q), settling at AED 228.6 billion by the end of September 2022.
On an annual basis, Resident deposits increased by 15.3%, whereas, Non-resident deposits fell by 6.0%.
4- Capital and Reserves
Capital adequacy ratios measure the amount of a bank's capital expressed as a percentage of its risk weighted exposures. A high capital adequacy
ratio provides protection to depositors and promotes the stability and efficiency of the financial system of an economy. Effective December 2017,
banks in the UAE follow Basel III principles for calculating the Capital Adequacy Ratios in line with the Regulation and Standards issued by the
Central Bank.
Aggregate Capital and Reserves of banks operating in the UAE increased by 3.5% (q-o-q), reaching AED 413.3 billion at the end of the third quarter
of 2022. At the end of the third quarter of 2022, Total Capital Adequacy Ratio stood at 17.5%, remaining well above the 13.0% Capital Adequacy
Ratio, including the 2.5% Capital Conservation Buffer requirement and the 8.5% Tier1 Ratio, prescribed by the Central Bank regulations in
compliance with the Basel III guidelines.
CBUAE November 2022
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