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UAE Survey Reveals Major Leap in Financial Inclusion – 94% Now Have a Personal Bank Account

May 7, 2025

More than 1,000 people were surveyed by YouGov on behalf of personalized financial marketplace Daleel. However, 76% lack confidence in one or more financial services, while women are twice as likely than men to never check they have the right financial product.

Daleel, the Middle East’s personalized financial marketplace, has revealed the results of an independent survey into the UAE’s financial behaviour. It found that 94% of respondents now have a personal bank account, marking a significant jump from 85% in 2021 (World Bank Global Findex Database). This increase in financial inclusion would put the UAE in the upper echelons of banking, on a par with the USA.

Surveying was conducted by a third-party researcher (YouGov), across a representative proportion of UAE residents.

Nearly two-thirds of bank account holders were happy and confident in their personal bank accounts. However, more than three-quarters (76%) lacked confidence in one or more of their financial products. The survey found:

65% of mortgage holders doubted they had the best plan, 62% lacked confidence in their personal or auto loans, 50% were uncertain about their credit card selection

Women polled twice as likely to never review their financial products than men

Nine out of 10 people periodically review and switch their financial products – with a similar number open to more personalized financial options

Eight out of 10 Emiratis ensure they check their financial products every year, the most frequent among all demographics and nationalities surveyed

“Consumers need the right information presented in a clear manner that cuts through the technical jargon. Financial products do not need to be so complicated or hard to understand. This year, finance in the UAE will embrace greater transparency and personalization, consumers will be able to make faster, more informed decisions and ultimately we will see a rise in confidence in their chosen financial products,” said Ridaa Shah, COO at Daleel.

Daleel was founded in Bahrain and launched in the UAE in Q1, at a ceremony at Visa’s CEMEA region Market Support Center in Dubai. The financial platform is backed by major names including Visa, Flat6Labs and Salica.

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