UAE Banks Federation

UAE Banks Federation latest

The string new legislations, some which were issued in October, include the netting law, public debt law, anti money laundering law, and central bank law, as well as risk management and internal audit and control and dormant accounts regulations. (Shutterstock)

November 19th, 2018 - 09:41 GMT

UAE Launches New Laws to Boost Banking Sector

The Board of Directors of the UAE Banks Federation (UBF) welcomed a series of new laws issued recently by the government and said they would help boost the competitiveness of the economy while positively impacting the banking sector.

In light of the dirty tactics UAE banks have used against their customers, the UAE Banks Federation announced last month that it is working out a ‘code of conduct’ for the sector to “build a professional and transparent environment to serve customers’ interests and rights” (Courtesy of Executive News Wire)

October 31st, 2013 - 07:00 GMT

Don't be fooled by UAE bank trickery: 12 dirty tricks to look out for in the Emirates

As the economy has improved and various sectors such as retail, tourism and real estate have shown significant improvements, banks in the UAE, including Mashreq, have experienced 20 per cent growth in the first six months."

September 12th, 2013 - 11:20 GMT

UAE banks' growth figures on phenomenal upswing

New regulations to appoint legal banking experts

July 28th, 2013 - 08:42 GMT

UAE Banks Federation in regulation overhaul

UAE financial system must be strengthen by the Central Bank and the Banks Federation

July 17th, 2013 - 11:55 GMT

Banks have a plan to manage debt

any bank’s lending to the UAE federal governments would be capped at 100 per cent of its capital base compared to 25 per cent for lending to a single borrower

July 16th, 2013 - 08:03 GMT

Exposure limits may hit UAE banks

June 30th, 2013 - 12:06 GMT

UAE Banks Federation to develop Code of Conduct

The UAE Central Bank has agreed to cap mortgages at levels recommended by the UAE Banks Federation.

March 28th, 2013 - 12:29 GMT