The Central Bank of the Emirates has revealed that the value of liquid assets in the banking sector increased by 28.2% to 786.6 billion dirhams at the end of the first quarter this year, compared to the end of the previous year. This represents a significant increase of 172.8 billion dirhams, according to statistics from the central bank.
Moreover, the UAE banking system is well capitalized, with an overall capital adequacy ratio of 18% at the end of the first quarter, exceeding the regulatory minimum of 13%. The report highlights that high capital adequacy ratios provide protection for depositors and enhance the stability and efficiency of the economy’s financial system. Specifically, at the end of the first quarter, the adequacy ratio of
