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Middle East

Fourth Quarter 2019 UAE Lending Grew for GREs, Government, but Declined for the Private Sector

Credit growth picked up momentum in the fourth quarter of 2019, largely led by rising loan provision to government and government-related entities – but growth in lending to the private sector declined on a quarterly basis, while only marginally increasing year-on-year.

Feb 25, 2020 // 6:30AM

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