2014-07-20 The UAE Central Bank has announced recently a new lending facility to assist banks which face short term liquidity shortfalls in the future. The facility, called the Interim Margin Lending Facility will provide funding on an overnight basis for banks which are able to provide eligible securities and instruments as collateral. The development of …
New Interim Lending Facility agreed for Banks قراءة المزيد »
2014-06-05 Project will revolutionize payments services in the country UAE Wallet will combine the latest technology with banking security standards Major component of Smart Government Initiative The UAE Banks Federation has announced the formal launch of the implementation of the Mobile Wallet project. The project , first unveiled in February, has been developed by a …
UAE Banks Federation Launches Implementation of Mobile Wallet قراءة المزيد »
2014-05-07 progress discussed on the Mobile Wallet Initiative members urged to comply with Al Etihad Credit Bureau request for data The UAE Banks Federation has held its second CEOs Advisory Council meeting of the year at which it focused on a number of critical issues facing the banking sector in the UAE. The meeting was …
UAE Banks Federation Advisory Council Reviews latest developments قراءة المزيد »
2014-04-30 The UAE Banks Federation, a professional representative body representing 49 member banks operating in the UAE, is to convene an exceptional meeting of its Consumer Committee soon to discuss member banks’ cooperation with Al Etihad Credit Bureau. The subject was one of the main discussion points during the last CEO Advisory Council meeting held …
UAE Banks Federation Advisory Council Reviews latest developments قراءة المزيد »
2014-04-16 The UAE Banks Federation, a professional representative body representing 49 member banks operating in the UAE, held its Ordinary Annual General Assembly Meeting today (Wednesday, 16th April 2014) in Dubai. The meeting was chaired by His Excellency AbdulAziz Al Ghurair, Chairman of the UAE Banks Federation, and attended by Federation Board members and representatives …
UAE Banks Federation held its Ordinary Annual General Assembly Meeting قراءة المزيد »
Recent commentary in the media and a number of industry conferences has highlighted the pressure that is being exerted on banks to recruit more UAE nationals. The fact is that the absolute number of UAE national staff working in the banking sector has plateaued in the past year at around 11,700, after reaching a peak …
Measuring Success of Emiratisation in the Banking Sector قراءة المزيد »
2014-03-15 The UAE Banks Federation has launched a Facebook page and a Twitter account to support its growing communications programme. This initiative comes as part of the Federation’s overall strategy to build a stronger dialogue with its audience and ensure transparency and understanding about its role and activities on behalf of the UAE banking industry. …
UAE Banks Federation initiates Social Media Strategy قراءة المزيد »
March 11th, 2014 Good morning Ladies and Gentlemen, Welcome to Dubai to this IIF MENA CEO’s meeting. Due to the Arab spring effect, when you look at our region as an outsider, it looks risky but once you live in the region, the prospects look good provided there is a functioning government. The political turmoil …
2014-03-03 Reaffirmed full support for the Debt Settlement Fund Reviewed progress on Smart Government Initiative, Code of Conduct , and updates on Credit Bureau 03 March 2014 The UAE Banks Federation’s CEOs Advisory Council has held its first meeting of the year, at which it focused on a number of crucial upcoming projects. Chaired by …
UAE Banks Federation CEOs Advisory Council Adopts Priority Agenda قراءة المزيد »
When we hear the term ‘financial inclusion’ we often think ‘banking for the under-privileged’. I maintain and often advocate that actually it is much more than that – it is a belief that equates individual financial independence to a nation’s economic progress. Put simply, financial inclusion directly correlates with the aspirations and wealth of any …
