Emirates Development Bank is aiming to approve loans worth 5 billion dirhams this year, in funded lines, and an additional 800 million dirhams in un-funded lines to UAE-based large corporates, SMEs and start-ups.

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(Editorial: Anoop Menon; Video: Nour Maatouk)

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anoop.menon@lseg.com nour.maatouk@lseg.com)

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The financing has a tenor of one year, and is subject to renewable for additional two years

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