Bahrain's economic growth is being threatened by consumers who borrow beyond their means, experts were quoted as saying by the GDN. Demand for personal loans in Bahrain dropped to BD656.2 million last year from BD681.3m in 2004, the BMA reported earlier this month, adding some banks were disappointed by the drop.
The issue of personal loans will be high on the agenda at the Credit Conference and Exhibition, being staged in May.
