Banks in United Arab Emirates
Summary
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 $1,109.6 billion 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.
- 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
- 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?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What have been the recent M&A activities?
- 8 Company Profiles
- 8.1. Abu Dhabi Commercial Bank PJSC
- 8.2. Dubai Islamic Bank P.J.S.C.
- 8.3. Emirates NBD Bank PJSC
- 8.4. First Abu Dhabi Bank
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United Arab Emirates banks industry value: $ billion, 2018-23
- Table 2: United Arab Emirates banks industry category segmentation: % share, by value, 2018-2023
- Table 3: United Arab Emirates banks industry category segmentation: $ billion, 2018-2023
- Table 4: United Arab Emirates banks industry geography segmentation: $ billion, 2023
- Table 5: United Arab Emirates banks industry value forecast: $ billion, 2023-28
- Table 6: United Arab Emirates banks industry share: % share, by value, 2023
- Table 7: Abu Dhabi Commercial Bank PJSC: key facts
- Table 8: Abu Dhabi Commercial Bank PJSC: Annual Financial Ratios
- Table 9: Abu Dhabi Commercial Bank PJSC: Key Employees
- Table 10: Dubai Islamic Bank P.J.S.C.: key facts
- Table 11: Dubai Islamic Bank P.J.S.C.: Annual Financial Ratios
- Table 12: Dubai Islamic Bank P.J.S.C.: Key Employees
- Table 13: Emirates NBD Bank PJSC: key facts
- Table 14: Emirates NBD Bank PJSC: Annual Financial Ratios
- Table 15: Emirates NBD Bank PJSC: Key Employees
- Table 16: First Abu Dhabi Bank: key facts
- Table 17: First Abu Dhabi Bank: Annual Financial Ratios
- Table 18: First Abu Dhabi Bank: Key Employees
- Table 19: United Arab Emirates size of population (million), 2019-23
- Table 20: United Arab Emirates gdp (constant 2005 prices, $ billion), 2019-23
- Table 21: United Arab Emirates gdp (current prices, $ billion), 2019-23
- Table 22: United Arab Emirates inflation, 2019-23
- Table 23: United Arab Emirates consumer price index (absolute), 2019-23
- Table 24: United Arab Emirates exchange rate, 2019-23
- List of Figures
- Figure 1: United Arab Emirates banks industry value: $ billion, 2018-23
- Figure 2: United Arab Emirates banks industry category segmentation: $ billion, 2018-2023
- Figure 3: United Arab Emirates banks industry geography segmentation: % share, by value, 2023
- Figure 4: United Arab Emirates banks industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the banks industry in United Arab Emirates, 2023
- Figure 6: Drivers of buyer power in the banks industry in United Arab Emirates, 2023
- Figure 7: Drivers of supplier power in the banks industry in United Arab Emirates, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the banks industry in United Arab Emirates, 2023
- Figure 9: Factors influencing the threat of substitutes in the banks industry in United Arab Emirates, 2023
- Figure 10: Drivers of degree of rivalry in the banks industry in United Arab Emirates, 2023
- Figure 11: United Arab Emirates banks industry share: % share, by value, 2023
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