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Retail credit

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Retail credit
Credit granted by a firm to consumers for the purchase of goods or services. See: consumer credit.


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Emirates NBD instructed staff on November 6 by email not to grant retail credit to foreigners working for firms including Emaar Properties, Tamweel and state-owned Nakheel, the memo showed.
The building will include a ground floor retail credit union branch and ATM locations, with the remainder of the building serving as general and administrative offices for Pacific Marine Credit Union.
Besides these, there are a number of retail credit channels such as credit cards, overdraft facilities and short-term cash advances that banks offer in the UAE.
 
 
 
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