Dubai: Credit demand in the UAE made a remarkable recovery in overall credit appetite and demand for loans, both business and personal in Q1 2021, according to the latest Credit Sentiment Survey of the Central Bank of UAE (CBUAE). The Credit Sentiment Survey is a quarterly publication of the CBUAE that collects information from senior credit officers from all banks and financial institutions extending credit within the UAE. The information collected constitutes qualitative responses to a series of questions relating to credit conditions in the most recent quarter and expectations for the upcoming quarter. Positive outlook The Q1 2021 survey showed in terms of expectations, survey respondents expressed a positive outlook towards the upcoming quarter, foreseeing a rise in demand for loans from both consumers and businesses. Looking forward, credit standards for business and personal loans are expected to soften further relative to the March quarter.