Industrial, business sectors obtain AED 791bn facilities in 11M- C.bank

Abu Dhabi – Mubasher: The Central Bank of the UAE (CBUAE) revealed that it has provided credit facilities worth AED 791 billion to the industrial and business sectors during the first eleven months of 2018.

The central bank’s lending to the two sectors during the first and second quarters of this year recorded AED 15.3 billion, each.

As for Q3-18, the two sectors have obtained credit facilities worth AED 2.3 billion, according to the bank’s recent statement.

 

Mubasher Contribution Time: 23-Dec-2018 14:00 (GMT)
Mubasher Last Update Time: 23-Dec-2018 14:07 (GMT)