Tuesday 23 September 2014
 
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consumer loans

GCC personal loans top $355bn in Q1

The volume of personal loans granted to GCC nationals surpassed SR1.33 trillion ($355 billion) in the first quarter of 2013, a report said. UAE topped the list with personal loans at SR530.6 billion, followed by the Saudi Arabia a

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UAE consumer loans surge 46pc to $14bn

Consumer loans in the UAE surged 46 percent in the year to June to 54.03 billion dirhams ($14.71 billion), central bank data showed. Outstanding loans to individuals living in the second-largest Arab economy at the end of June 2007 amounte

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UAE consumer loans hit $13.2bn in Q1

The consumer loans in the United Arab Emirates rose around Dh5 billion ($1.36 billion) in the first quarter of 2008 from the end of last year, as the second-largest Arab economy struggles to contain inflation. Central Bank data showed on S

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UAE consumer loans soar to $11 billion

Total consumer loans in the UAE grew by almost a third in the first nine months of the year to more than $11 billion, and bank assets rose by more than 20 percent, the central bank said on Wednesday. UAE banks have been expanding their ret

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