(MENAFN) Demand for business credit and personal loans in the UAE slightly increased in the July-September quarter, and an average increase is expected in the current quarter, which reflects gradually improving economic outlook, according to a survey showed by Central Bank on Sunday.
Results from the September quarter "Credit Sentiment Survey" were consistent with the recovery registered since the beginning of the year, in which it collects information from senior credit officers from all banks and financial institutions, the Central Bank said.
Demand for business credit has increased moderately in the third quarter, according to respondents.
Whilst 41.5 percent of respondents reported no change, 35.5 percent reported an increase in demand, and 22.9 percent reported a decrease in demand.
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