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Loan demand in UAE to grow in Q4
(MENAFN) The demand for lending by businesses is predicted to grow in the last quarter of this year after facing a decline from March to Sep end period.
Moreover, 40 percent respondents see demand for loans from firms to grow, while 47.9 percent feared there would be no change.
In addition, moderate increase coming from the manufacturing, construction, real estate, retail and wholesale trade businesses.
Accordingly, sales were the top reason for future"s loan growth along with factor i.e. property market outlook and better interest rates.
Moreover, 40 percent respondents see demand for loans from firms to grow, while 47.9 percent feared there would be no change.
In addition, moderate increase coming from the manufacturing, construction, real estate, retail and wholesale trade businesses.
Accordingly, sales were the top reason for future"s loan growth along with factor i.e. property market outlook and better interest rates.
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