UAE – Mubasher: Dubai banks have granted credit facilities valued at about AED 13.6 billion to the industry and business sectors during the first half (H1) of 2020, according to the latest statistics by the Central Bank of the UAE (CBUAE).
The total value of the cumulative loans provided to Dubai's industry and business sector increased to AED 391.8 billion by the end of June, compared to AED 378.2 billion in December 2019.
It is noteworthy to mention that the UAE banking system has provided around AED 147.34 billion facilities to the services and non-profit organisation sector in June 2020.
