The report issued by the Central Bank of the United Arab Emirates revealed an increase in loans from UAE banks and banks by 5% by the end of last September on an annual basis.
According to the statistical report issued by the Central Bank, the total value of loans provided by banks reached 1804.6 billion dirhams, compared to 1720.8 billion dirhams during the same period in 2019. < / p>
According to the report, the loans provided by UAE banks and banks to the private sector decreased by the end of last September 2.5%, compared to the same period last year.
loans to the private sector amounted to about 1,121.8 billion dirhams, compared to 1,150.1 billion dirhams, while the proportion of loans granted to the government increased 16% at the end of last September on an annual basis.
and the loans granted to the government amounted to 255.5 billion dirhams at the end of last September.
