Abu Dhabi – Mubasher: Loans secured by UAE banks grew 2% year-on-year to AED 1.606 trillion in April.
Total financing provided to the private sector by banks operating in the UAE rose 3% to AED 1.099 trillion in the fourth month of the year from AED 1.065 trillion in the year-ago period, data released by the Central Bank of the UAE (CBUAE) showed.
Last month, loans obtained by the government increased by 1% year-on-year to AED 180.6 billion.
