Banks in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers.
- The Emirati banks industry group recorded assets of $1.10 trillion in 2023, representing a compound annual growth rate (CAGR) of 7.3% between 2018 and 2023.
- The bank credit segment accounted for the industry group's largest proportion in 2023, with total assets of $467.6 billion, equivalent to 42.1% of the industry group's overall value.
- The rise in interest rates is supporting the interest income of banks due to the rising demand for loans. According to the Central Bank of the UAE, in May 2024, the Emirates Interbank Offered Rate (EIBOR) and base rate reached 5.5% and 5.4%, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in United Arab Emirates
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in United Arab Emirates
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Arab Emirates banks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Arab Emirates banks market by value in 2023?
- What will be the size of the United Arab Emirates banks market in 2028?
- What factors are affecting the strength of competition in the United Arab Emirates banks market?
- How has the market performed over the last five years?
- What are the main segments that make up United Arab Emirates' banks market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abu Dhabi Commercial Bank PJSC
- Dubai Islamic Bank P.J.S.C.
- Emirates NBD Bank PJSC
- First Abu Dhabi Bank
