Browsing: Banking

The UAE’s banking sector has achieved a major milestone, with capital and reserves reaching AED500…

The number of online discussions regarding UAE banks saw a notable increase of 10.7 percent,…

Family credit in the UAE banking sector surged to approximately $115 billion (AED 422 billion)…

DIFC has fined OCS International Finance Ltd AED 2.64M, and CEO Christian Thurner must pay an additional AED 682,631 after a 30% settlement discount.

Abu Dhabi Commercial Bank (ADCB) is divesting its banking portfolio in India to DCB Bank,…

The Association of Chartered Certified Accountants (ACCA) is pleased to announce the appointment of  Kush…

Central Bank of the UAE has levied a financial penalty on a bank operating within the country after discovering breaches of regulations and compliance standards.

The Central Bank of the UAE (CBUAE) has imposed a financial penalty of Dhs5 million…

Central Bank of the UAE (CBUAE) has announced an auction of Monetary Bills (M-Bills) today, which will feature four separate issues of Treasury bonds.

Net international reserves in the UAE’s banking sector rose by 8.1%, or AED 92.3B, in H1 2024, reaching AED 1.238T by June’s end, compared to AED 1.145T in June 2023. The Central Bank’s June bulletin showed it held AED 769.7B of these reserves, a 14.3% rise from AED 673.42B at 2023’s end, while reserves of other banks reached AED 468.13B.