The UAE Funds Transfer System (UAEFTS) processed transactions worth AED 9.528 trillion during the first five months of 2025, reflecting the strength and scale of the country’s banking sector.
Data from the Central Bank of the UAE (CBUAE) showed that transfers executed by banks totalled AED 5.963 trillion, broken down as AED 1.1 trillion in January, AED 983.99 billion in February, AED 1.238 trillion in March, AED 1.273 trillion in April, and AED 1.089 trillion in May.
Customer transfers surpassed AED 3.834 trillion over the same period. These included AED 677.65 billion in January, AED 649.48 billion in February, AED 791.31 billion in March, AED 879.94 billion in April, and AED 836.16 billion in May.
Cheque transactions also remained significant, with the value of cheques cleared through image-based systems reaching AED 603.16 billion across nearly 9.6 million cheques during the five-month period.
In May alone, cheques worth AED 131.49 billion were cleared, representing more than 2 million transactions.
The Central Bank further reported that cash withdrawals from its facilities amounted to AED 99.79 billion, while deposits reached AED 83.9 billion between January and May 2025.
Banking indicators also highlighted strong investment growth, with banks’ investment portfolios rising by 1.8% month-on-month and 7.2% since the start of the year, reaching AED 788 billion by the end of May. This compares with AED 774.3 billion at end-April and AED 734.8 billion at end-2024.
