Article: DUBAI PERSONAL LOANS SOAR 37 PCT IN Q1 COMPARED TO Q4 LAST YEAR.

DUBAI, Sept 18 Asia Pulse - Personal loans totalled Dhs133.5 billion (US$36.4 billion) for the first quarter of this year compared with Dhs97.7 billion at the end of last year, up by 36.6 per cent, according to figures released by the Central Bank

The latest statistical bulletins issued by the Central Bank show that personal loans for commercial purposes grew a massive 49.8 per cent to Dhs105.5 billion for the first quarter of this year compared with Dhs70.4 billion by the end of last year while personal loans for consumptive purposes grew slightly by 2.5 per cent to Dhs27.9 ...

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