5.12 Concentration of credit risk
Concentration of credit risk
The Group monitors concentrations of credit risk by sector and by geographic location. An analysis of concentrations of credit risk from loans and advances, loan commitments, financial guarantees and investment securities is shown below
| Loans and advances | Islamic financing and investing activities | ||||||
| 2024 | 2023 | 2024 | 2023 | ||||
| Sector | AED’000 | AED’000 | AED’000 | AED’000 | |||
| Construction | 114,174 | 128,579 | 6,782 | 6,722 | |||
| Services | 311,789 | 267,481 | 7,733 | 7,951 | |||
| Trade | 220,786 | 172,160 | 1,698 | 1,365 | |||
| Real Estate | 291,405 | 226,399 | – | – | |||
| Manufacturing | 121,055 | 109,161 | – | – | |||
| Transport & Storage | 43,068 | 45,243 | – | – | |||
| Others | 1,462,196 | 1,394,102 | 55,047 | 57,282 | |||
| 2,564,473 | 2,343,125 | 71,260 | 73,320 | ||||
