Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for United Arab Emirates
AREFCSMXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,954,000,000.00
Year-over-Year Change
-35.38%
Date Range
1/1/2008 - 1/1/2017
Summary
This economic trend measures the outstanding loans at other financial intermediaries in the United Arab Emirates. It provides insights into the level of financial activity and credit availability in the UAE economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for the United Arab Emirates series tracks the total value of outstanding loans made by non-bank financial institutions in the UAE. This metric is used by economists and policymakers to assess the broader financial health and credit conditions in the country.
Methodology
The data is collected and reported by the UAE Central Bank.
Historical Context
This trend is closely monitored by financial analysts and policymakers to gauge the overall lending environment and credit market dynamics in the UAE.
Key Facts
- The UAE has a diversified financial sector with both banks and non-bank intermediaries.
- Outstanding loans by other financial intermediaries peaked at over $125 billion in 2014.
- Credit growth has moderated in recent years as the UAE economy adjusts to lower oil prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by non-bank financial institutions in the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the broader credit conditions and financial activity in the UAE economy, which is useful for economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of the United Arab Emirates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess credit availability and financial system stability, which informs monetary and regulatory policies in the UAE.
Q: Are there update delays or limitations?
A: The data is published by the Central Bank of the UAE on a regular basis with relatively short delays.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for United Arab Emirates (AREFCSMXDC), retrieved from FRED.