Comment & Analysis
Retail Banking
Uncategorized
Fewer UAE residents, businesses avail loans amid COVID-19; lenders tighten norms
Fewer businesses and private individuals in the UAE have applied for loans during the second quarter of the year, as the uncertainty surrounding the coronavirus pandemic and low oil prices lessened borrowers’ appetite for credit. At the same time, many banks have tightened requirement standards for getting credit. In the…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya