UAE Central Bank Changes Banks Exposure Limits Rules
A circular released by the UAE Central Bank earlier this month amending large exposure limit rules and introducing…
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UAE’s Banks
UAE’s NBAD Launches Real Estate Fund
National Bank of Abu Dhabi, the UAE's top bank by market capitalization, has partnered with Kuwaiti firm Gulf…
UAE’s Rakbank Registers Dhs325 Mln Net profit In Q1
The National Bank of Ras Al-Khaimah (P.S.C.) (Rakbank) has reported a net profit of Dhs325.3m for the quarter ended…
Emirates NBD Launches ‘Pay Yourself First’ Initiative
Emirates NBD announced the launch of "Pay Yourself First," an innovative financial education campaign designed to…
Fitch Affirms UAE’s Union National Bank at ‘A+’
Fitch Ratings has affirmed Union National Bank's (UNB) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable…
Fitch Affirms National Bank of Ras Al-Khaimah At ‘BBB+’
Fitch Ratings has affirmed National Bank of Ras Al-Khaimah's (Rakbank) Long-term Issuer Default Rating (IDR) at…
Emirates Islamic Bank Introduces Full Islamic Home Finance For UAE Nationals
Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, announced that it has…
Fitch Affirms Bank of Sharjah’s IDR Rating at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed Bank of Sharjah's (BOS) Long-term Issuer Default Rating (IDR) at 'BBB+' and Viability…
UAE’s Central Bank Approves AED 3.7 Bln Dividends
The Board of Directors of Central Bank of the UAE held its 4th meeting for the year 2012 on Tuesday, 10 April, 2012…
ID Not Valid To Open Bank Account In UAE
Though opening a bank account in the UAE is relatively easy, banks are yet to accept the Emirates identity card…
