Abu Dhabi - Mubasher: Total loans secured by banks operating in the UAE rose by 3.4% year-on-year to AED 1.622 trillion at the end of June, compared to AED 1.569 trillion.
Loans provided by Emirati banks to the private sector increased by 6% to AED 1.117 trillion in June, versus AED 1.058 trillion in the same month a year earlier, data by the Central Bank of the UAE showed.
Meanwhile, national banks' financing provided to the public sector went up 2% to AED 180.8 billion in June, from AED 177.9 billion in the year-ago period.
