UAE business loan demand up in Q3, personal loans fall | Reuters:
Demand for business loans in the United Arab Emirates increased in the July-September quarter but demand for personal loans shrank, a central bank survey showed on Sunday.
The net balance measure for business lending - the weighted percentage of respondents reporting an increase in demand for loans minus those reporting a fall - rose to plus 14.0 in the quarter from plus 11.8 in the previous quarter.
For the current quarter, companies expect a further rise to plus 22.4, with demand anticipated to increase in all emirates.
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