UAE - Mubasher: The total assets of the 18 listed Emirati banks increased by 8.2% to AED 3 trillion in the first half (H1) of 2020, when compared to the corresponding period of 2019, according to the Emirates News Agency (WAM).

The total assets of 11 Abu Dhabi Securities Exchange (ADX)-listed banks totalled AED 1.643 trillion in the January-June period of 2020, up from AED 1.575 trillion in the corresponding period of 2019.

Meanwhile, the total assets of seven Dubai Financial Market (DFM)-listed banks rose to AED 1.347 trillion in H1-20 from AED1.347 trillion in the same half of 2019.

The First Abu Dhabi Bank (FAB) topped all listed national banks in terms of the value of assets with AED 866 billion, representing 28.8% of all national lenders' assets.

FAB was followed by Emirates NBD with AED 694.3 billion, Abu Dhabi Commercial Bank (ADCB) with AED 406 billion, and Dubai Islamic Bank (DIB) with AED 295 billion.

Moreover, the banks' deposits jumped by about 13% to around AED 1.942 trillion during the first six months of 2020 from AED 1.72 trillion in the year-ago period.