CBUAE
UAE Central Bank Boosts Liquidity With $4.3bn Cash Injection
Middle East Business News - Published date: .
Certificates of deposit dropped to $53bn by the end of May, from $54bn in April Read more
UAE Central Bank To Launch Overnight Deposit Facility For Banks
Middle East Business News - Published date: .
Overnight money market rates should hover around the Base Rate under normal markets conditions Read more
UAE Central Bank Orders ATMs To Be Replenished With New Banknotes
Middle East Business News - Published date: .
Banks also asked to sanitising all ATMs on a regular basis and provide disposable latex gloves Read more
UAE Bank Customers' Complaints To Be Dealt With Quickly Under New Guidelines
Middle East Business News - Published date: .
Consultation process launched for new Financial Consumer Protection Regulatory Framework Read more
UAE Central Bank To Establish 'fintech Office' To Help Regulate Sector
Middle East Business News - Published date: .
The new fintech office will also look into assets such as cryptocurrencies, according to CBUAE governor Mubarak Rashid A... Read more
UAE Plans To Loosen Cap On Bank Lending To Property Industry
Middle East Business News - Published date: .
UAE banks can currently lend as much as 20% of customer deposits to the property industry Read more
Six-month Deposits In UAE Banks Up 10.4% To $49.6bn
Middle East Business News - Published date: .
Deposits accounted for 19.4% of the total deposits value from January through to August Read more
UAE Central Bank Removes 3% Early Settlement Fee For Mortgages
Middle East Business News - Published date: .
UAE banks can only charge borrowers a 1% early settlement fee or AED 10,000 Read more
UAE Banks To Suspend Credit, Debit Cards Of Users Who Don't Update Emirates ID
Middle East Business News - Published date: .
UAE Central Bank issued a circular last year saying that all details must be updated by the end of February Read more
UAE Unveils Plan To Ease Debt Woes For Emiratis
Middle East Business News - Published date: .
The plan targets loans that cost citizens more than 50% of their monthly salary Read more