UAE Central Bank Orders ATMs To Be Replenished With New Banknotes

Banks also asked to sanitising all ATMs on a regular basis and provide disposable latex gloves

The UAE Central Bank has ordered banks to replenish ATMs with new banknotes of all denominations as part of ongoing efforts in the country to prevent the spread of coronavirus.

The central bank said the new notes should be made available during the salary payment cycle this month to ensure the health and safety of bank customers.

Banks were also advised to immediately implement additional preventive measures regarding the ATM usage, such as sanitising all ATMs on a regular basis. It was also suggested they provide preventive equipment, like disposable latex gloves, to all customers at ATMs. 

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
RECENT NEWS

Aqua Labs Backs UAEs Vision 2030 With Launch Of $20mn Startup Fund

The programme invites founders worldwide to apply for funding, mentorship, and access to Web3 infrastructure The post A... Read more

Alpha Dhabi Sells 8.5% Modon Stake To Abu Dhabi Governments Limad Holding

The wholly owned entity of the Abu Dhabi Government now owns majority share in Modon after buying IHC and ADQ stakes as... Read more

ADNOC Distribution Delivers Its Strongest EBITDA Since IPO For Q3

Quarterly EBITDA of $319mn is the highest ever, up 15.9%; Net profit surged to $221mn, up 21.5%; Record 9M fuel volumes... Read more

PIF Spending Shift To Spur Greenfield FDI In Saudi As Private Equity Expands

Bain’s Gregory Garnier says Saudi's sovereign wealth fund is entering a more disciplined phase, redirecting capital f... Read more

EXCLUSIVE: SEDCO Capital Listing Possible Within 3 Years, CEO Says Amid Saudi IPO Boom

CEO Rayyan Nagadi says the group’s investment arm could go public within 3 years, as Saudi Arabia’s buoyant IPO mar... Read more

Tabby Completes Secondary Share Sale At $4.5 Billion Valuation

The transaction involved HSG, Boyu Capital and other investors acquiring shares from existing shareholders The post Tab... Read more