According to the report of the Central Bank of the OAAE, the results of the credit survey for the fourth quarter of 2024 indicated the stability of credit conditions. This indicates that banks strive to maintain the necessary liquidity and remain flexible in the changing economic circumstances.
One of the key conclusions of the report is that banks of the OAAE expect a continuation of moderate growth in demand for credit in the next quarter. This suggests that businesses and households maintain optimism regarding future economic prospects, which in turn contributes to further economic growth.
It is important to note that demand for credit remains stable in the non-financial sector of the economy. Companies continue to actively interact with banks to finance their activities and implement new projects.
In light of this data, it can be said that the banking system of the OAAE demonstrates resilience and readiness to support the country’s economic growth. The Central Bank continues to closely monitor the development of the situation in the credit market and take necessary measures to maintain the stability of the financial system.
