Letest News

Dubai, 18 May 2020: Sheikh Rashid Bin Humaid Al Nuaimi hosted His Excellency AbdulAziz Al Ghurair, Chairman of the UAE Banks Federation, for the third virtual Ramadan Council Session to discuss the effects of COVID-19 on the banking sector and the UAE economy. This yearly council discusses topics relevant to various segments of the UAE and …

SHEIKH RASHID BIN HUMAID AL NUAIMI HOSTS UBF CHAIRMAN H.E ABDULAZIZ Al GHURAIR IN VIRTUAL RAMADAN COUNCIL SESSION TO DISCUSS THE IMPACT OF COVID-19 ON THE UAE ECONOMY قراءة المزيد »

• Joint initiative aims to educate and equip consumers with knowledge to protect themselves against fraudsters in these unusual circumstances • Campaign will run until end of year and cover different types of fraud, including COVID-19 related scams • First official online page in the UAE for UAE bank customers to report fraud UAE, 15 …

CBUAE, UBF, Abu Dhabi Police, and Dubai Police join forces to launch UAE’s first National Fraud Awareness campaign قراءة المزيد »

H.E. AbdulAziz Al Ghurair confident that government and Central Bank of the UAE measures are sufficient to help economy navigate through difficulties UAE, 12 April 2020: His Excellency AbdulAziz Al Ghurair, Chairman of UAE Banks Federation (UBF), today held a video press conference to discuss the effects of COVID-19 on the banking sector, and the …

UBF Chairman hosts video press conference to discuss effects of COVID-19 on banking sector قراءة المزيد »

Commenting on the Central Bank of the UAE’s announcement to raise the value of the economic stimulus package to AED 256 billion, His Excellency AbdulAziz Al Ghurair, Chairman of UAE Banks Federation (UBF), stated that the move will further mitigate the impact of the Covid-19 pandemic on the UAE economy. By increasing liquidity in the …

UAE Central Bank doubles stimulus package, extends debt relief to customers till 2020-end قراءة المزيد »

The Board of Directors (BoD) of UAE Banks Federation (UBF) held its first meeting of the year today via Videoconferencing to discuss the latest developments in the UAE banking sector as well as progress of key concerns. During the meeting, the BoD discussed UBF’s current priorities, which in light of the worldwide outbreak of COVID-19 …

UBF holds its Board of Directors Meeting Virtually قراءة المزيد »

Abu Dhabi (27 March 2020): In line with our efforts to prevent the spread of Coronavirus (COVID-19) and to ensure the health and safety of banks’ and financial institution’s employees and customers, the Central Bank of the UAE (CBUAE) and UAE Banks Federation (UBF), clarified prioritising working remotely for the majority of the workforce in banks, …

The CBUAE and UBF clarify prioritising working remotely to banks, financial institutions and exchange houses. قراءة المزيد »

Abu Dhabi (March 19th, 2020): The Central Bank of the UAE (CBUAE) with the support of UAE Banks Federation (UBF) strongly encourages banking customers to take advantage of digital and online banking services as a measure to protect the health and safety for UAE residents. CBUAE and UBF recommendations are urging citizens and residents in the …

UBF and CBUAE encourage customers to use online banking services قراءة المزيد »

Two technical committees (Fintech and Consumer Protection) Three advisory committees (Compliance, Risk, and Information Security) introduced Abu Dhabi: UAE Banks Federation (UBF) today announced that it has launched two technical committees (Fintech and Consumer Protection) and three advisory committees (Compliance, Risk, and Information Security) to promote the growth and transformation of the UAE banking sector. …

UBF LAUNCHES NEW COMMITTEES TO PROMOTE THE GROWTH AND TRANSFORMATION OF THE UAE BANKING SECTOR قراءة المزيد »

Over 100 senior bankers gathered to discuss latest SWIFT updates Abu Dhabi 20 February 2020: UAE Banks Federation (UBF) in association with SWIFT, the world’s leading provider of secure financial messaging services, today held the SWIFT User Group meeting in Abu Dhabi. The meeting brought together 100 senior banking experts to discuss the latest SWIFT …

UBF and SWIFT hold User Group meeting to elevate UAE banking standards قراءة المزيد »

Mr. Jamal Saleh (Director General of UAE Banks Federation – UBF) and senior members of several UBF technical committees, held a meeting today with H.E. Geoffrey Okamoto (Performing the Duties of U.S. Treasury Assistant Secretary for International Finance and Development) and Mr. Paul Khuri (Treasury Attaché to the UAE and Oman) to discuss how FinTech …

Mr. Jamal Saleh (Director General of UAE Banks Federation – UBF) and senior members of several UBF technical committees, held a meeting today with H.E. Geoffrey Okamoto (Performing the Duties of U.S. Treasury Assistant Secretary for International Fin قراءة المزيد »