 |
Number of UAE banks’ ATMs hits 4,669 at end of Q1 2024The aggregate number of ATMs (automated teller machines) of banks operating in the UAE increased by 15, reaching 4,669 ATMs at the end of Q1 2024, a report said, citing the latest statistics from the Central Bank of the UAE (CBUAE). The More… |
 |
Ziina secures UAE Central Bank SVF licenceZiina, the UAE’s leading financial platform supporting consumers and entrepreneurs, has announced that it has secured the Stored Value Facility (SVF) licence from the UAE Central Bank. This will ena More… |
 |
CBUAE's April gold reserves surge 12pc to $5.5bnThe value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED20.36 billion ($5.54 billion) by the end of April 2024, marking a year-on-year (YoY) growth of around 12% from AED18.147 billion in April 2023, reported Wam. More… |
 |
Islamic banks account for 21% of gross domestic credit: CBUAEGross credit provided by Islamic banks increased by 1.1% in the first four months of 2024 to AED433.7 billion, constituting more than 21% of aggregate bank loans and financial facilities, according to banking indicators by bank type – conv More… |
|
Islamic banks account for 21% of gross domestic credit: CBUAEGross credit provided by Islamic banks increased by 1.1% in the first four months of 2024 to AED433.7 billion, constituting more than 21% of aggregate bank loans and financial facilities, according to banking indicators by bank type – conv More… |
 |
UAE banks' investments hits $181bn by end of AprilThe total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion ($181.3 billion) at the end of April 2024, registering growth of 0.3% on a monthly basis, and 5% since the beginning of the year, ac More… |
 |
UAE’s gross bank assets at $1.17 trillion by end of April 2024UAE's gross bank assets, including bankers’ acceptances, increased by 1.0% from AED4.25 trillion at the end of March 2024 to AED4.3 trillion ($1.17 trillion) at the end of April 2024, according to the Central Bank of the UAE (CBUAE). More… |
 |
CBUAE launches ‘Zero Bureaucracy’ initiative in financial sectorThe Central Bank of the United Arab Emirates (CBUAE) has launched its “Zero Bureaucracy” initiative in the financial sector, aligning with UAE Government's wider programme “Zero Government Bureaucracy”. More… |
 |
CBUAE committed to ‘protecting integrity’ of its financial systemThe Central Bank of the UAE (CBUAE) in 2023 remained dedicated to safeguarding the UAE’s financial and monetary stability and protecting the integrity of its financial system. Sheikh Mansour bin Zayed Al More… |
 |
Aggregate capital, reserves of UAE banks hit $129.8bnThe aggregate capital and reserves of banks operating in the UAE reached AED476.6 billion ($129.8 billion) at the end of March 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). More… |
