UAE banks show resilience
The Central Bank of the UAE has announced several relief packages for banks to offset the negative fallouts from Covid-19 pandemic.
Khaleej Times - 22-May-2020
UAE Banks Federation
Also known as: UBF Last updated on: 27 February 2020
fast facts
Business SummaryGovernment association with interests in promoting cooperation and harmony among the member banks; finding solutions encountered by banks and banking profession people; exchanging banking, financial and monetary information in the regional and international fields; provides training services.Country of IncorporationUAEOwnership TypeGovernmentEstablished In1982Primary SectorServicesLatest News
financial services
CBUAE, UBF, Abu Dhabi Police, and Dubai Police join forces to launch UAE's first National Fraud Awareness campaign
Joint initiative aims to educate and equip consumers with knowledge to protect themselves against fraudsters in these unusual circumstances
Press Release - 14-Apr-2020The CBUAE and UBF clarify prioritising working remotely to banks, financial institutions and exchange houses
Also, banks and exchange houses are entitled to take the decision in relation to reducing working hours and temporary closure of some of their branches as long as the services offered to customers are not interrupted, effective Sunday 29th March 2020, for 2 weeks extendable.
Press Release - 27-Mar-2020UBF launches new committees to promote the growth and transformation of the UAE banking sector
Two technical committees (Fintech and Consumer Protection) and three advisory committees (Compliance, Risk, and Information Security) introduced
Press Release - 01-Mar-2020Chairperson's of UBF's 20 committees gather for annual meeting to review key initiatives of 2019 and discuss plans for 2020
The meeting was presided over by H.E. AbdulAziz Al-Ghurair, Chairman of UAE Banks Federation
Press Release - 10-Dec-2019Contact details
Primary address
Emirates Institute for Banking & Financial Studies Building 41Al Moroor Street 4
1st Floor
44307
UAE
Abu Dhabi
Region
Abu DhabiCONTACT
- Tel: +971 2-446-7706
- Fax: +971 2-446-3718
- Email: info@uaebf.ae
- www.uaebf.ae
Related links
www.mocd.gov.aeFind Out More Information
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