Regulation, Risk & Compliance
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UAE’s credit growth turns positive, but credit demand remains weak
The UAE’s total banking sector credit returned to positive monthly growth in July, reaching 0.2 per cent month on month after a contraction of 0.5 per cent in the previous month, according to UAE Central Bank data. Modest monthly improvement credit offtake saw the annual credit growth rate ticking up…
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Click here to read the full story: Gulf News