UAE digital bank, Liv, has introduced limited offer on instant personal loans without fee
personal loans
Saudi digital loan broker Arib closes seed investment round of $2.3 million from Merak Capital
The investment will enable Arib to meet the SAMA requirements to finalise the licensing process, while expanding its portfolio of services to encompass different types of loans, including personal loans, home loans, and credit cards
UAE banks see personal loans fall in Q1
The quarter saw soft consumer demand and household sentiment
UAE central bank issues new rules for retail loan bank transfers
New conditions will see banks and finance companies reduce interest rates without increasing the repayment period
Demand for UAE business loans rises during Q2
UAE Central Bank survey shows that demand for business loans grew most strongly in Abu Dhabi
UAE demand for business loans up marginally in Q4
More than 30 percent of respondents reported a moderate tightening of credit standards during the latest quarter
Popularity of Islamic banking products slumps in the UAE
Yallacompare data reveals drop in applications for car and personal finance in 2017
UAE credit demand rises ‘slightly’ – central bank
Latest Credit Sentiment Survey shows respondents optimistic for the third quarter