UAE Central Bank forecasts credit growth in Q3 2026
The Central Bank of the United Arab Emirates anticipates a strong rebound in lending activity across the UAE during the third quarter of 2026, driven by increased demand for corporate and personal loans, as well as an improved appetite for lending among banks. A significant rise in corporate loan demand is expected, especially in Abu Dhabi and Dubai, supported by recovery across all sectors, notably manufacturing, electricity, and retail, alongside government capital expenditure requirements and interest rate conditions. The retail finance sector is also projected to experience a substantial revival, with rising demand for credit cards and mortgages, coupled with an improved lending appetite among financial institutions, fueled by asset quality, increased bank competition, and new regulatory frameworks.
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