CBUAE gold reserves rise 19.3% in Q1 2025
Increase in demand deposits
According to the CBUAE's latest statistical bulletin, demand deposit balances grew to over AED1.147 trillion by the end of March 2025. This included AED856.062 billion in local currency and AED291.116 billion in foreign currencies, up from AED1.109 trillion in December 2024.
Rise in savings deposits
Savings deposits also saw an increase, reaching AED338.788 billion by the end of March, up from AED317.48 billion in December. Of this, AED268.97 billion were in local currency and AED51.817 billion in foreign currencies.
Time deposits approach AED1 trillion
Time deposits totalled AED991.757 billion at the end of Q1 2025. This figure includes AED614.854 billion in local currency and AED376.9 billion in foreign currencies.
UAEFTS transfers reach AED5.4 trillion
The UAE Funds Transfer System (UAEFTS) recorded a total of AED5.449 trillion in transfers during Q1 2025. This amount consisted of AED3.331 trillion in bank-to-bank transfers and AED2.118 trillion in customer transactions.
Cheque transactions exceed AED351 billion
In the first quarter, cheque transactions using image-based clearing reached AED351.359 billion across 5.615 million cheques. March alone saw 1.83 million cheques processed, amounting to AED116.712 billion.
Cash withdrawals and deposits
Cash withdrawals from the Central Bank during Q1 totalled AED63.887 billion, while cash deposits reached AED47.124 billion over the same period.
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