Infographic: Abu Dhabi Banking Sector in 2016

Abu Dhabi Banking Sector in 2016 infographic

Showing their strength in 2015, Abu Dhabi’s banks maintained both asset growth and profitability in the face of lower oil prices and regional unrest. In the first nine months of 2015 the loans and advances at Abu Dhabi’s big five continued to grow at a rapid 10%, expanding from Dh602bn ($163.9bn) to Dh662.7bn ($180.4bn). External factors, including a slowdown in deposits along with this credit growth, have resulted in challenging market conditions in 2016, however, ample capital buffers and one of the most respected regulatory structures in the region mean that the sector is well positioned to expand as and when opportunities present themselves.