UAE bank mortgage loans rise by Dh18bn in H1

September 6, 2010 Credit, Economics, Investing, Law & Ethics, Marriage & Divorce, Other - Business & Finance, Other - Taxes, Renting & Real Estate

UAE banks boosted mortgage credit by nearly Dh18 billion in the first half of 2010 to reverse a sharp slowdown through 2009 because of a downturn in the sector and a post-crisis lending tightness, official figures have shown.

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UAE bank mortgage loans rise by Dh18bn in H1

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