DUBAI  - The United Arab Emirates central ​bank governor ⁠sought on Thursday to reassure that the country's ‌financial sector was strong as the U.S.-Iran war plunged the Gulf ​state into its biggest crisis since the COVID-19 pandemic.

* The UAE's banking and financial sector was resilient, strong, stable, and well-positioned to navigate regional developments, central bank governor Khaled Mohamed Balama said in a ​statement, six ‌days into ⁠the conflict.

* The ⁠UAE's capital adequacy ratio currently stood at 17%; liquidity coverage ​ratio exceeded 146.6%, Balama said.

* Total ‌assets of the UAE banking ⁠and financial sector exceeded 5.42 trillion dirhams ($1.48 trillion).

* Banks, financial institutions, and insurance companies across the country were operating normally and without disruption.

* They had advanced frameworks in place for identifying and managing risk, and business continuity in line with international standards.

* The central bank continued to closely monitor developments to ensure national ‌banking and financial services remained uninterrupted.

* UAE stock markets ⁠fell in early trade on ​Thursday after reopening on Wednesday following a two-day suspension triggered by Iranian missile and drone attacks on the UAE.

($1 = ​3.6718 UAE ‌dirham)

(Reporting by Hadeel AlSayegh; Writing by ⁠Ahmed Elimam and Rachna Uppal; ​Editing by Philippa Fletcher and Toby Chopra)