Comera Finance, part of Comera Financial Holding and Abu Dhabi’s Royal Group, has received in-principle approval from the Central Bank of the UAE to operate as a fully licensed non-banking financial ...

The rate charged on central bank lending is often taken as reflective of the country s economic health. The more expensive the overnight loans become, the higher the interest rates charged on bank ...

UAE institutions urged to boost deposits and cut loans to improve the Emirates’ banking system. The Central Bank of the UAE is putting pressure on banks operating in the Emirates to reduce lending and ...

Zand, UAE’s first digital bank to provide both retail and corporate services, announced that it has been granted a banking licence from the Central Bank of UAE to become Zand Bank. The digital ...

when banks are reluctant to lend to each other because of a desire to maintain their cash holdings and out of fears that the borrower might default on the loan. The UAE central bank originally ...

The United Arab Emirates' central bank sent a directive to the country's lenders and insurers approving the deferring of loan repayments for six months, as residents and businesses reel from ...

DUBAI (Reuters) - A deadline for banks in the United Arab Emirates to cut their exposure to the government passed on Sunday with no clear indication of whether authorities would enforce the new ...

Lending conditions in the UAE are improving but economic conditions remain fragile, UAE central bank governor Sultan Nasser al-Suweidi said on Monday. “The gap between loans and deposits is narrowing ...

Dubai granted freehold ownership in 2002. The redesigned measures are expected to improve flexibility for bank lending to the real estate sector, the central bank said in a statement. It will also ...

Bank lending in the United Arab Emirates remains within prudential ratios set by the central bank, new central bank governor Mubarak Al Mansouri said in a speech on Monday. The speech, to a regional ...

DUBAI: The United Arab Emirates central bank discussed margin lending at a board meeting this week and ordered that all aspects of the issue be studied, the central bank said on Wednesday.