UAE Personal Loan Demand Slips to -6.0 Points, Seen Falling -10.9 in Q2
Updated
Updated · Khaleej Times · Jul 5
UAE Personal Loan Demand Slips to -6.0 Points, Seen Falling -10.9 in Q2
1 articles · Updated · Khaleej Times · Jul 5
Summary
-6.0 percentage points marked the UAE’s personal lending demand balance in Q1 2026, signaling weaker appetite for consumer borrowing.
Slower economic growth and employment challenges drove the decline, according to the report’s assessment of household borrowing conditions.
-10.9 percentage points is the projected balance for the next quarter, pointing to a steeper contraction rather than a near-term rebound.
The outlook suggests pressure on UAE retail lending will persist as softer labor-market conditions weigh on consumers’ willingness or ability to take new loans.