Tag: CBUAE
CBUAE joins with SWIFT to improve cross-border payments
The Central Bank of the UAE (CBUAE) is collaborating with SWIFT on a project to improve the speed and transparency of cross-border payments, making...
CBUAE issues new regulations for low risk specialized banks
The Central Bank of the UAE (CBUAE) has issued a new regulation focusing on the licensing, prudential and conduct requirements for specialized banks.
Under the...
CBUAE extends economic stimulus packages until 2022
The Central Bank of the UAE (CBUAE) has extended access to the $13 billion (Dh50 billion) zero-cost liquidity facility under its Targeted Economic Support...
Al Maryah Community Bank receives approval from CBUAE; 1st in the...
Al Maryah Community Bank, a new digital bank focusing on serving businesses and individuals through state-of-the-art new-age technologies has become the first to secure...
CBUAE to introduce new Intraday Liquidity Facility
The Central Bank of the UAE (CBUAE) is introducing an Intraday Liquidity Facility (ILF) that will enable licensed financial institutions to mitigate intraday liquidity...
Khaled Mohamed Al Tameemi named as the new governor of CBUAE
Khalifa bin Zayed bin Sultan Al Nahyan the President of UAE appointed financial services veteran Khaled Mohamed Balama Al Tameemi as the governor of...
UAE’s apex bank issues guidance to support SMEs in the region
The Central Bank of the UAE (CBUAE) has released a new regulation to enable licensed financial institutions (LFIs) to use best practices when dealing...
CBUAE predicts UAE economy to fully recover by 2022
The economic activity of UAE will witness a complete recovery in 2022 while turning to positive growth this year itself after posting a deep...