The partnership aligns with the UAE’s advanced Central Bank Digital Currencies (CBDCs) pilot, as the digital assets market nears $80 billion by 2024
UAE Banks Federation
Latest in UAE Banks Federation
UAE bank
UAE banks to roll out Jaywan card to generate $272m savings
UAE banks will roll out the domestic Jaywan card and create huge savings
UAE
UAE bank bosses eye growth, highlight $51.8bn renewable energy financing
UAE Banks Federation CEO council gather to discuss progress in the sector
CBUAE
UAE banks offer $52bn in green financing
UAE banks are supporting fight against climate change with green financing deals
digital banking
UAE digital banking use up 100%
UAE Banks Federation reports rise in digital banking amid high customer confidence in sector
banking and finance
UAE Banks Federation discusses strategies, plans for Emiratisation in the banking and finance sector
The meeting also deliberated on various programmes being undertaken by the federation to improve working of the sector
banking business
UAE Banks Federation’s CEOs advisory council discusses local, global banking and financial developments
The CEOs council also deliberated on enhancing cyber security and following best practices to raise the safety and protection of digital baking infrastructure via, among other steps taken, cyber war gaming
banking industry
UAE Banks Federation reviews banking sector challenges, discusses action plan in its first meeting
The newly established council is to provide a broader platform for CEOs of member banks to share their opinions and widen decision-making bases
banking services
UAE Banks Federation begins SME-focused campaign, offers business-friendly initiatives to build innovation
SME owners will be able to take advantage of customised banking products
Abu Dhabi Islamic Bank
ADIB reports 43% net profit surge for first nine months of 2021
Leading Islamic bank saw net profit increase to $435,611, compared to $304,927 in corresponding period for 2020, supported by a 4 percent growth in revenue
Abu Dhabi Islamic Bank
ADIB reports 43% net profit surge for first nine months of 2021
Leading Islamic bank saw net profit increase to $435,611, compared to $304,927 in corresponding period for 2020, supported by a 4 percent growth in revenue
Central Bank of the UAE
UAE banks no longer require Covid support, says banking chief
Some 95 percent of UAE banks have already surrendered their TESS quotas and no longer need re-enforcement from the central bank, according to Abdul Aziz Al Ghurair, chairman of the UAE Banks Federation (UBF)
Abdulaziz Al Ghurair
In pictures: 7th edition of UBF’s Middle East Banking Forum in Abu Dhabi
Under the theme ‘Unlocking the Future, Shifting the Paradigm’, MEBF 2019 explored key topics including Fintech, Islamic Finance, and Risk Management whilst taking pace with technological innovation, financial crimes, and automation.
Abdul Aziz Al Ghurair
Revealed: how much trust do customers have in UAE banks?
New survey reveals that trust levels in the UAE banking sector have risen over the past year
Abdulaziz Al Ghurair
Total UAE banking assets hit $780bn, largest in Arab world
UAE Banks Federation annual report says lenders operating in the country remain well capitalised
Abdul Aziz Al Ghurair
Revealed: $27m scheme to boost SME funding in the UAE
Emirates Development Bank has announced the launch of the new Credit Guarantee Scheme