The UAE banking system has adequate capital and liquidity buffers to withstand severe shocks, the Central Bank of the UAE (CBUAE) said on Thursday, and indicated that the final third phase of the Dh50 billion Targeted Economic Support Scheme (TESS) measures would continue during the second half of 2022. The regulator ended the loan repayment ...

To promote public awareness of the new denominations and increase their circulation, the CBUAE – in collaboration with the UAE Banks Federation (UBF) – has provided the new AED5, AED10 and AED50 notes through participating banks’ ATMs. The Central Bank of the UAE (CBUAE) has announced that the new AED5 and AED10 banknotes have entered ...

Abu Dhabi (4 March 2022): The Central Bank of the UAE (CBUAE) has won the leading federal entity award for best performance improvement in the sixth cycle of the Mohammed bin Rashid Government Excellence Award, under the umbrella of Sheikh Khalifa Government Excellence Programme. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime ...

The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance the capacity of the banking sector to support the economy. A press statement issued by the Bank said that these measures consist into reviewing the ...