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الشارقة 24
UAE loan repayments defer 13.5B AED
The Central Bank of the United Arab Emirates announced that the proactive support package launched in March 2026 has allowed for the postponement of loan repayments totaling AED 13.5 billion, benefiting 135,031 clients. The goal was to enhance the stability of the banking sector and improve asset quality. The deferred loans are distributed as follows: AED 9.1 billion for major corporations, AED 2.4 billion for small and medium enterprises, and AED 2 billion for individuals. By the end of June 2026, banking assets increased by 12.5%, loans by 18.1%, and deposits by 14.0% compared to the same period last year. The sector also demonstrated significant improvement in asset quality, with the non-performing loan ratio decreasing to a record low of 2.8%, and total non-performing loans amounting to AED 76 billion. This positive development results from the regulatory measures and supervisory actions implemented by the bank to review quality and enhance risk management, reflecting the strength and resilience of the UAE’s financial system.
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