New measure is to protect the whole economy and banking sector, says Abdul Aziz Al Ghurair, head of the UAE Banks Federation Banks in the UAE are proposing a cap on lending to real estate companies to prevent overexposure to the sector, a top bank executive said. Lending to the residential real estate sector stood …
UAE banks propose lending caps amid slowdown in property sector Read More »
A meeting between members of the CEOs Advisory Council of the UAE Banks Federation (UBF) was held on Monday. The meeting discussed recent developments, issues and advancements in the finance and banking sector in the UAE, with a particular focus on Emiratisation. Directed by AbdulAziz Al Ghurair, Chairman of the UAE Banks Federation, the meeting …
UBF Advisory Council evaluates transformation of banking sector Read More »
H.E Al-Ghurair commended the valuable contributions of the 20 committees towards developing and sustaining a thriving banking sector in UAE 19 December 2018 UBF recently held its annual meeting for Chairpersons of its 20 specialized technical committees, today (December 19, 2018) in Dubai, to review the achievements and initiatives of 2018, as well as the …
Inaugural UAE Wolfsberg Group CBDDQ workshop aims to streamline regulatory standards for financial institutions entering cross-border banking relationships Abu Dhabi, 27 November, 2019: UAE Banks Federation (UBF) hosts today the UAE’s first workshop on Wolfsberg Group’s Correspondent Banking Due Diligence Questionnaire (CBDDQ) under the supervision of UBF’s Compliance Committee and in collaboration with Wolfsberg Group and …
New regulation mutually beneficial to businesses and banks: UBF Dubai: The UAE’s banking sector expects the new insolvency law for individuals approved by the UAE Cabinet on Sunday will benefit the UAE economy and the banking sector. The UAE Banks Federation (UBF), the representative body of banks operating in the country, commended the Ministry of …
UAE’s banking sector welcomes new insolvency law Read More »
More than 500 delegates came together to discuss key topics affecting the future and stability of the UAE’s financial landscape Press Release Abu Dhabi: The UAE Banks Federation (UBF), in collaboration with the Central Bank of the UAE, has successfully concluded the 7th edition of the Middle East Banking Forum (MEBF). The event witnessed over …
UBF wraps up the seventh edition of Middle East Banking Forum gracefully Read More »
UAE Banks Federation says event is expected to be attended by over 500 delegates, including governors, financial regulators UAE Banks Federation (UBF) is set to host the 7th edition of the Middle East Banking Forum on Sunday, bringing together high-profile speakers and global industry experts to share insights on key banking and financial topics. The …
Middle East Banking Forum to open in Abu Dhabi on Sunday Read More »
Forum will welcome senior bankers and economists from both public and private sectors Abu Dhabi: The UAE Banks Federation, a professional representative body comprising 50 member banks operating in the UAE, has entered into a partnership with the Financial Times Live and The Banker magazine to host a high level forum in Dubai on 26th …
UAE Banks Federation to host Middle East Banking Forum Read More »
Dubai: In a collective effort to promote a secure and stable financial landscape in the UAE, the UAE Banks Federation (UBF), in partnership with SWIFT on Monday hosted the ‘SWIFT Customer Security Programme (CSP)’ conference in Abu Dhabi. SWIFT is the leading provider of secure financial messaging services. SWIFT CSP is an initiative aimed at …
UBF and SWIFT collaborate to combat cyberattacks on UAE banking industry Read More »
Central Bank sends notice to all banks. Banks and financial institutions in the UAE can use online validation gateway of the Federal Authority for Identity and Citizenship for identification verification of customers when opening their bank accounts. This will eliminate the need for physical checking of the Emirates ID card of individual and corporate customers, …
No need for physical checking of Emirates ID at banks Read More »
