The United Arab Emirates' central bank has told lenders to extend maturities on certain personal loans held by UAE citizens by more than four years, the latest initiative aimed at reducing their debt burdens.
August 16, 2012 3:57
The Central Bank is stepping in again to set a limit for the banks in the UAE; eliminating their current freedom to bully customers
July 30, 2012 12:29
The UAE government is planning to introduce a unified lending system for all the banks across the country.
December 9, 2009 1:46
UAE banks recorded a 0.7 percent rise to AED208.8 billion in personal loans
September 6, 2009 12:01