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UAE banks extend Dh6.2b support to affected customers

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Huda Ata·25 days ago
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Abu Dhabi: Central Bank of the UAE announced on Friday the latest results of its comprehensive proactive support package aimed at strengthening the resilience of financial institutions and supporting customers affected by economic disruptions. The central bank said the total value of facilities benefiting from the package reached Dh6.2 billion, covering loan instalment deferrals, interest reductions and fee exemptions. According to the figures released, 65,379 customers benefited from the package, including 60,559 individuals, 4,335 small and medium-sized enterprises and 485 large companies. The central bank said priority sectors benefiting from the support measures included hospitality, which accounted for 173 companies, transport with 361 companies, and entertainment with 134 companies. The bank also highlighted continued growth across the UAE banking sector between March 1 and May 1, 2026.…

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