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UAE: Lending Appetite To Grow As Borrowing Costs Could Drop In 2020
January 19th, 2020 - 09:01 GMT

UAE: Lending Appetite Might Grow If Borrowing Costs Drop In 2020

Borrowing costs for personal, auto, and home loans in the UAE are most likely to remain stable, or could slightly drop in 2020. Most of the economists expect the US Federal Reserve to keep rates stable, but some see two rate cuts of 25 basis points this year. Since the UAE follows the Fed in policy rates, the Fed's decision will be directly reflected in the UAE's rates. However, some ...
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