Dubai - Mubasher : The demand for corporate bank loans in the UAE is expected to increase in Q3-16, due to improvements in the business environment, according to a recent survey by the Central Bank of the UAE.
According to the report issued on Thursday, most of the participants in the survey predicted a leap in corporate financing in the third quarter of the year, with a positive sentiment about the economic circumstances in Abu Dhabi, and a forecasted growth in the northern emirates.
Corporate financing activities slowed down in Q2-16, the report said, adding that 29.7% of participants believed that activities decreased, while 35.9% say it remained unchanged.
As for personal finance, the report predicted a slight improvement in Q3, with most of the participants believing it has decreased during the quarter that ended in June.
