Major banks in the United Arab Emirates began to promote personal loans with interest rates as low as 2.7%.

Generally speaking, the Bank of UAE refers to the central bank of UAE. Besides UAE banks, there are other powerful banks. There are 10 banks in the United Arab Emirates selected in the list of top 500 global brands in 20021year, including Dubai Islamic Bank, Abu Dhabi Islamic Bank, National Bank, Mashreq Bank, Abu Dhabi Commercial Bank, UAE Islamic Bank, Las Haima Bank, Dubai Commercial Bank, First Abu Dhabi Bank and Fujairah National Bank.