Dubai, UAE – Savings deposits in the banking sector (excluding interbank and government deposits) rose by 7.4%. Or the equivalent of 29.75 billion dirhams, during the 7 months of 2026, reaching 430.31 billion dirhams at the end of July 2026. Compared to AED 400.56 billion at the end of December 2025, according to statistics from the UAE Central Bank.
Over the course of a year, it grew by 15.9%, or about 58.89 billion dirhams, compared to 371.42 billion dirhams at the end of July 2025.
It also increased, on a monthly basis, by 1%, equivalent to 4.31 billion dirhams, compared to 426 billion dirhams at the end of last June.
During July, the dirham accounted for the largest share of savings deposits, at approximately 85.8%, or AED 369.08 billion. The share of foreign currencies reached 14.2%, worth 61.23 billion dirhams.
time deposits
Term deposits grew by 11.3%, or 132 billion dirhams, to exceed 1.299 trillion dirhams last July. Compared to 1.167 trillion dirhams at the end of December 2025.
Over the course of a year, it increased by 24.2%, equivalent to 253 billion dirhams, compared to 1.046 trillion dirhams at the end of July 2025.
It also increased, on a monthly basis, by 1.6%, or about 20 billion dirhams, compared to 1.279 trillion dirhams at the end of last June.
During the month of July, the dirham accounted for the largest share of term deposits, at about 62.9%, or 817.81 billion dirhams, while the share of foreign currencies reached 37.1%, or 481.53 billion dirhams.
demand deposits
According to statistics, the value of demand deposits decreased by 0.5%, or about 6 billion dirhams. To reach 1.256 trillion dirhams at the end of last July, compared to 1.262 trillion dirhams at the end of December 2025.
Within a year, it rose by 6.3%, equivalent to 75 billion dirhams, compared to 1.181 trillion dirhams at the end of July 2025.
On a monthly basis, it grew by 1.3%, or 16 billion dirhams, compared to 1.240 trillion dirhams at the end of last June.
During July, the dirham accounted for the largest share of demand deposits, at approximately 71.6%, or AED 899.15 billion. The share of foreign currencies reached 28.4%, worth 357.19 billion dirhams.
