UAE Central Bank « | Kippreport.com

UAE Central Bank Shuts Two Money Exchange Firms For Violations

The companies were identified as Al Hilal Exchange and Asia Exchange Centre.

May 9, 2013 9:29

Central Bank of UAE orders speedy reviews

In January, the central bank said it would not enforce curbs on residential mortgage loans as a proportion of property values that it had set three weeks earlier.

March 17, 2013 9:41

UAE Central Bank Says Must Implement Curbs On Risk

The United Arab Emirates central bank must act this year to push forward previously issued rules and policies, a senior…

March 13, 2013 3:54

Fierce protests overruled Central Bank ruling?

A circular sent to commercial banks by the central bank late last month, and seen by Reuters, said mortgage loans for foreign individuals should not exceed 50 percent of property value for a first purchase of a home

January 22, 2013 9:50

Will we get new mortgage rules this year?

"The final pieces of the new mortgage regulations are being put together. It could be ready for issue by June this year," one of the sources told Reuters, declining to be named because the information has not yet been made public.

January 14, 2013 10:07

Dubai still faces heavy burden – StanChart

Is Dubai now - unlike during the recession period - better equipped to handle its redemptions?

November 7, 2012 3:44

‘Strong-minded’ banker becomes new chairman – UAE Central Bank

The chairman, who heads board meetings and has the final say on policy decisions, is involved in strategic decision-making.

November 6, 2012 9:07

UAE Central Bank extends lending cap – NBAD

The central bank unveiled exposure limit rules for commercial banks in April, introducing caps for loans made to local governments and their entities.

October 9, 2012 9:18

Lending limit deadline hits but still no Central Bank guidance – UAE

Since the largest UAE banks have been supporting GREs during debt restructurings, clarity on the issue is important for the economy.

October 1, 2012 8:45

Banks in UAE in the dark and waiting

With the exact reasons for the central bank's silence a mystery, some bankers have speculated that the possibility of changes to key personnel may be responsible.

September 25, 2012 11:31

Banks cross ‘social’ boundaries on your Facebook wall

It's a normal day at the office, you check your email and then your Facebook; only to find that your bank has written a warning statement on your wall revealing all your details...

August 5, 2012 3:22

The heartlessness of UAE banks shines again

The Central Bank is stepping in again to set a limit for the banks in the UAE; eliminating their current freedom to bully customers

July 30, 2012 12:29

Tight security on new currency

We have all seen the amended DH500 currency bill with additional security measures. Now the Central Bank is distributing an amended AED 50 and more to come...

July 23, 2012 1:19

Bank chase: 7 new excuses to be bullied?

The UAE Central Bank has given authority to all UAE banks to claim back the full and immediate repayment of any loan under 7 new conditions.

July 19, 2012 9:44

Expat women face rejection

Expatriate women in the UAE are breathing fire and we can't blame them! A recent law issued by the capital's Central Bank stipulates that women are not allowed to open or manage bank accounts for their own children.

July 15, 2012 4:21