Abu Dhabi (UrduPoint / Pakistan Point News / WAM – March 18, 2026) United Arab Emirates The Union of Banks confirmed that the comprehensive financial institutions flexibility package approved by the Council of Ministers blackboard Centrality Bank United Arab Emirates Airlines, headed by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Vice President prime ministerChairman of the Presidency courtChairman of the Board of Directors of the Central Bank, reflects the forward-looking approach of the Central Bank to enhance flexibility and enhance the stability and strength of the Central Bank. United Arab EmiratesThe banking sector in light of the exceptional circumstances facing the region and the global economy.
Abdul Aziz Al Ghurair, Chairman of the Board of Directors of the UAE Banks Federation, said: “This step confirms the vision of the Federation United Arab EmiratesThe wise leadership and proactive approach of the Central Bank is committed to developing strategies, policies and frameworks that ensure the stability of the banking and financial sector and enable it to play its role in supporting social and economic development and the advancement of the Kingdom. United Arab EmiratesThe country’s strategic priorities.
He added: “Based on the strong foundations it has United Arab Emirates With the continued global economy and its advanced financial policies, the banking sector has achieved continuous growth while maintaining high levels of financial soundness indicators and facing challenges in the global economy.
The sector has sufficient capital and strong liquidity levels that exceed regulatory requirements and international standards. This proactive support package enhances flexibility and adaptability, enabling continued growth. The five pillars of the package provide additional flexibility for financial and banking institutions to benefit from excess liquidity, reserve balances and capital to support customers during these exceptional circumstances, which contributes to strengthening the national economy.
He said: “We reaffirm the commitment of the banking and financial sector to supporting individual and corporate customers and providing safe and smooth banking services under the direct supervision of the Central Bank. United Arab Emirates The banking sector has developed strong risk management frameworks and policies, a job Continuity and cybersecurity to effectively address potential challenges. We also affirm our commitment to work in coordination with the Central Bank and other relevant authorities to closely monitor developments, ensure system stability and full readiness to provide financial and banking services to customers. everyone Customer segments.”
