The new loan regulations passed by United Arab Emirates are making things tough for banks such as Abu Dhabi Commercial Bank PJSC. The new rules will decline their income reducing their reliance on consumer loan.

Abu Dhabi Commercial, the U.A.E.’s third-biggest bank by assets, and First Gulf Bank PJSC, a lender controlled by Abu Dhabi’s ruling family are going to hit most due to new regulations announced on Feb. 23, according to Nomura International Plc.

Nomura analysts Tarik El Mejjad and Manish Kumar Marodia said in a research note, “The timing for such regulation is inappropriate as banks are already dealing with profitability pressure from weak lending growth on the corporate side and from high provisioning.”

Union National Bank PJSC, in which the governments of both Abu Dhabi and Dubai hold stakes expressed reservations over making banks to pay emphasis on retail lending. It said that new rules would adversely hit net interest margin and fee income of banks.