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
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
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
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