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UAE banks’ credit growth forecast at 7.8% in 2015
The UAE’s economy is forecasted to witness credit expansion at around 7.8 per cent in 2015, said a leading economist. “We see the credit growth reflecting the still buoyant non-oil activity in January, despite the lower oil price,” said Dr Monica Malik, chief economist at Abu Dhabi Commercial Bank (ADCB)….
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Click here to read the full story: Khaleej Times