Dubai Islamic Bank is the new member on UBF’s Board of Director, represented by H.E. Hamad Buamim. Abu Dhabi, 17 March, 2021: The Board of Directors of UAE Banks Federation (UBF), held its first virtual meeting for this year to review latest developments in the banking sector and industry’s response to COVID-19 as well as …
A high- level Iraqi banking delegation led by H.E. Mustafa Ghaleb, Governor of the Central Bank of Iraq, and Mr. Wadeea Nori Al Handhal, Chairman of Iraq Private Banks League, visited UBF Chairman, H.E. AbdulAziz Al-Ghurair, as part of efforts to strengthen banking and financial cooperation between UAE and Iraq. H.E. AbdulAziz Al-Ghurair, Chairman of …
Abu Dhabi – 21 December, 2021: The CEOs’ Advisory Council of UAE Banks Federation (UBF), the umbrella body representing 51 banks operating in the UAE and the common unified voice for the UAE banking sector, met virtually for the fourth time this year to discuss the progress of key UBF initiatives and to decide on the …
UAE Banks Federation’s CEOs’ Advisory Council holds its 4th meeting of the year قراءة المزيد »
Empowering UAE nationals in the banking sector is the main aim of UBF in 2022 Abu Dhabi –19 Dec, 2021: The Board of Directors of UAE Banks Federation (UBF), the umbrella body representing 51 banks and financial institutions operating in the UAE and the common unified voice for the UAE banking sector, held its second hybrid …
Year’s last SUGSCNMC meeting approves action plan for 2022 as UAE banks enter a crucial phase in their migration to SWIFT’s new global standard for payments messaging Abu Dhabi – 15 December, 2021: UAE’s SWIFT User Group Steering Committee & National Member Group (SUGSCNMG) today held its fourth and final meeting of 2021 to take …
The high-level meeting was attended by CEOs of major UAE and International banks Abu Dhabi – 23 November, 2021: UAE Banks Federation (UBF), the umbrella body representing 51 banks operating in the UAE and the common unified voice for the UAE banking sector, hosted a roundtable dinner meeting with Deputy Secretary of the United States Department …
UAE banks will continue efforts to tackle this scourge in all its guises Threats of frauds and scams are among the most important challenges facing banks and their customers today. The accelerated shift towards digital banking services during COVID-19 has coincided with an upsurge in sophisticated fraud attempts, with the proportion of online fraud attempts …
Nothing beats power of customer knowledge in the fight against banking fraud قراءة المزيد »
Wide-ranging agenda included banking sector achievements during and post-COVID-19, UBF strategy to meet ‘Projects of the 50’ goals, and the second half of 2021 outlook for UAE banks Dubai – October 24, 2021: Chairman of UAE Banks Federation (UBF), H.E. AbdulAziz Al-Ghurair, today held a press conference – his first since the exit from the restrictions of COVID-19 …
Banking leaders discuss Ethical Selling Initiative, Wealth Management Roadmap, and new requirements for Emiratization Abu Dhabi – September 20, 2021: The CEOs’ Advisory Council of UAE Banks Federation (UBF) held today its third meeting of 2021 to discuss banking sector developments and review the progress achieved on key initiatives as well as the impact of …
UBF’s CEOs Advisory Council holds its 3rd meeting of 2021 قراءة المزيد »
Implementing an effective response plan to cope with an unplanned disruption is critical Pillairkulam Parthasarathy Sep 15, 2021 Every business today is at risk of a cyber attack, but perhaps nowhere are the stakes higher than in the financial and banking sector. Cyber attacks can cause substantial financial losses for banks and customers. Banks also …
How banks can address rising cyber security threats to protect customers قراءة المزيد »
