Search For "cbuae"
Gross banks' assets exceed AED 4.2 trillion milestone in February 2024: CB
Updated : 1 year, 10 months ago IST
Gross banks' assets in the country surpassed the AED4.2 trillion mark by the end February 2024, for the first time in its history, according to the latest statistics from the Central Bank of the United Arab Emirates (CBUAE).
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Al Etihad Payments launches Open Finance to strengthen UAE's financial ser
Updated : 1 year, 10 months ago IST
The signing ceremony was attended by Khaled Mohamed Balama, Governor of the CBUAE, which was signed by Fatma Al Jabri, Assistant Governor for Financial Crime, Market Conduct and Consumer Protection at the CBUAE and member of Al Etihad Payments Company, and Kiril Evtimov, Chief Executive Offi
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Aggregate capital, reserves of UAE-based banks increase to AED500 billion
Updated : 1 year, 11 months ago IST
The aggregate capital and reserves of banks operating in the United Arab Emirates (UAE) reached AED 500 billion at the end of January 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
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UAE: Banking sector sees AED 25 billion surge in new savings deposits over
Updated : 1 year, 11 months ago IST
Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to reach AED270.48 billion at the end of January 2024, compared to about AED USD 245.54 billion in January 2023, with an annual growth of 10.2 per cent, according to the latest stat
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UAE: CBUAE maintains Base Rate at 5.40 pc
Updated : 1 year, 11 months ago IST
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
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UAE: CBUAE reports 8.6 percent growth in cash deposits in 12 months
Updated : 2 years, 1 month ago IST
The cash deposits increased by 7.35 percent during the first 11 months of the previous year, reaching around AED635.6 billion at the end of 2022, a growth equivalent to AED46.7 billion.
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UAE banking sector demonstrates resilience amid global challenges
Updated : 2 years, 1 month ago IST
Saleh attributed this success to the effective strategies implemented by the Central Bank of the UAE (CBUAE), establishing frameworks for sustained sector growth
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UAE: CBUAE maintains Base Rate at 5.40 per cent
Updated : 2 years, 3 months ago IST
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
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UAE: CBUAE enhances Emiratisation efforts in financial sector through its
Updated : 2 years, 4 months ago IST
As part of its commitment to the UAE's Emiratisation agenda, the Central Bank of the UAE (CBUAE) will participate in the 17th annual Tawdheef exhibition from November 13-15, taking place at the Abu Dhabi National Exhibition Centre (ADNEC).
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UAE: Sharjah Ruler receives CBUAE Governor and EIF's BoD
Updated : 2 years, 5 months ago IST
Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received, on Monday, morning, Khalid Muhammad Al Amma, Governor of the Central Bank of the UAE (CBUAE), and members of the Board of Directors of the Emirates Institute of Finance (EIF), at Dr. Sultan Al Qa
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India's NPCI sign agreement with UAE's Etihad Payments to provide cost-eff
Updated : 2 years, 5 months ago IST
This MoU will facilitate the users of both countries, which would be as seamless as a domestic transaction using a beneficiary identifier (mobile number / VPA).
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CBUAE lifts monitoring imposed on bank operating in UAE
Updated : 2 years, 5 months ago IST
The Central Bank of the UAE (CBUAE) announced the conclusion of administrative measures it had previously imposed on a bank operating in the UAE. This is a result of the bank’s adherence to the directives of the CBUAE with regard to the appointment of a consultant to take action and remediat
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