Private sector credit, billion currency units in the United Arab Emirates, March, 2020
For that indicator, we provide data for the United Arab Emirates from December 2013 to March 2020. The average value for the United Arab Emirates during that period was 1044.79 billion U.A.E. Dirham with a minimum of 838.6 billion U.A.E. Dirham in January 2014 and a maximum of 1150.13 billion U.A.E. Dirham in September 2019.
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Measure: billion U.A.E. Dirham
Source: Central Bank of the United Arab Emirates
Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.