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Emirates Development Bank - Beehive

Emirates Development Bank Now Offers up to AED 5 Million in Loans on Its App

Fintech News

Emirates Development Bank (EDB) announced a new lending feature offered in partnership with peer-to-peer (P2P) lending platform Beehive that allows SMEs to apply for loans of up to AED5 million (US$1.36 million) directly through its digital banking app and receive approval or feedback within five days.

The lending service will be available for UAE-based SMEs operating in EDB’s five priority sectors – manufacturing, healthcare, food security,

 » Read more about: Emirates Development Bank Now Offers up to AED 5 Million in Loans on Its App  »


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