Abu Dhabi – Mubasher: UAE banks granted AED 250.8 billion loans to the real estate and construction sector in the first nine months of 2016, higher 6.7% from AED 235 billion by the end of December 2015, according to the Central Bank of UAE.
Consumer credits grew 4.25% to AED 138.95 billion by the end of September 2015, compared with AED 133.28 billion by the end of December 2015.
Commercial credits increased to AED 295.3 billion in the first nine months, compared with AED 283.2 billion by the end of December 2015, recording a 4.3% growth.
