Abu Dhabi – Mubasher: Consumer loans in the UAE dropped 3.7% in 2017, registering AED 326.7 billion, compared to AED 339.2 billion a year earlier, according to a report released by the Central Bank of the UAE (CBUAE).
Infrastructure and real estate loans soared 12.45% to AED 298 billion in the last four quarters versus AED 265 billion in the year before, the CBUAE’s data showed.
The number of employees in the Emirati banking sector went down 3.1% year-on-year to 36,367 in 2017, the central bank said.
