Net advances of local banks UAE Q2 2022-Q2 2023

Published by Statista Research Department, Jun 10, 2024

As of the second quarter of 2023, First Abu Dhabi Bank in the United Arab Emirates had net advances worth 482 billion Emirati dirhams, which was a 2.1 percent year-over-year increase. Emirates National Bank of Dubai had the second highest net advance, estimated at 440 billion AED. 

Net advances of local banks in the United Arab Emirates from Q2 2022 to Q2 2023 (in billion Emirati dirhams)

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Release date

October 2023

Region

United Arab Emirates, MENA

Survey time period

Q2 2022 to Q2 2023

Special properties

Assets less provisions

Supplementary notes

Note: 1 AED (United Arab Emirates dirham) equals approximately 0.27 U.S. dollars and 0.25 euros (as of March 2024).  

Figures have been rounded for better understanding. 

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