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UAE loans to remain stable as central bank holds rates
Khaleej Times
|March 19, 2026
Loans and mortgages in the UAE are set to continue on a stable path, as the UAE Cenrtal Bank on Wednesday decided to keep rates unchanged.
In a statement, the apex bank said it had decided to maintain the base rate applicable to the overnight deposit facility at 3.65 per cent, the same as last month.
The decision follows the move by the US Federal Reserve, which decided to maintain its benchmark federal funds target rate range between 3.5 per cent and 3.75 per cent.
The UAE follows US monetary policy as the UAE ditham is pegged to the US dollar.
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