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Emarat Al Youm

Policy & Legal Updates
Source: Gulf News

UAE Banks Prepare New Loan Transfer Regulations for January 2027

The UAE banking sector is preparing new regulations that would govern how borrowers transfer outstanding debt between lenders, potentially taking effect on January 1, 2027. According to an unnamed banking source quoted by Emarat Al Youm, the proposed rules would require borrowers to complete a minimum tenure and make a set number of instalment payments before moving their loans. The final provisions and official implementation dates remain subject to formal regulatory confirmation.

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