UAE bank lending jumps as borrowing rises sharply in June
Dubai: UAE bank lending picked up pace in June, with Dh24.7 billion in additional credit flowing through the banking system — roughly twice the Dh12.3 billion increase recorded in May. Total gross credit rose 0.9 per cent to Dh2.758 trillion at the end of June, compared with a 0.5 per cent increase in May. The latest figures come from…
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