2018. The Central Bank’s copyright symbol (© Central Bank of the UAE) must appear on any material reproduced, saved, printed or otherwise distributed from this Website. Bank nonperforming loans to total gross loans (%) Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+) Domestic credit provided by financial sector (% of GDP) Central bank hub The BIS facilitates dialogue, collaboration and information-sharing among central banks and other authorities that are responsible for promoting financial stability. 5.3 This Website and those in charge of the same shall follow comprehensive and strict information security policy. Dubai Statistics Center (DSC) carries out daily and monthly estimates of the number of population permanently residing in Dubai within the geographic borders of the emirate, whether they are Emiratis or Non-Emiratis. ... Real Sector Statistics. Your details will be held in confidence to the fullest extent practical or allowed by law. UNICEF is committed to doing all it can to achieve the Sustainable Development Goals (SDGs), in partnership with governments, civil society, business, academia and the United Nations family – and especially children and young people. Read more about our central bank … “Euro area statistics” - The ECB website "Euro area statistics" is about euro area and national central bank statistics, and presents a sub-set of available statistics. Manuals, guides, and other material on statistical practices at the IMF, in member countries, and of the statistical community at large are also available. The UAE offers Islamic banking services governed by the Shari'a law. The CBUAE can take no responsibility for losses arising from these sites, services or documents. (10) of 1980, which superseded Union Law (2) of 1973, establishing the former Currency Board in the United Arab Emirates. The credit, money and banking section includes statistics and commentary on monetary and credit conditions in Ireland. on “External Sector Statistics ” Dilijan, Armenia, 11-12 June 2018 . Attempting to interfere in the provided service on the part of any user, host or network including but not limited to placing a virus on the Website, increasing load to or immersing it, sending commercial messages to it or avalanching it with electronic messages or even destroying it. • Maintain the government's reserves of gold and foreign currencies. ISCB. 5.1 This privacy policy forms part of the Central Bank of the UAE website general Terms and Conditions. • Managing a group of experts and statisticians; • Managing and supervising the work in the area of monetary statistics, including the work with TA mission from the IMF in 2015 and 2017, which led the CBUAE to become SRF reporter in monetary statistics for the central bank, other depository corporations, and other financial corporations. UAE Central Bank projects real GDP to contract by 6% in 2020 UAE Economy forecast to grow by 2.5 per cent in 2021 Published: December 22, 2020 16:52 Babu Das Augustine, Business Editor 2.4 You must not use the name or logo of the Central Bank of the UAE in any advertisement or public announcement or any form of documents or records or communication (whether verbal or written or electronic or otherwise) without the Central Bank’s prior written consent. In recognition of this role, The Central Bank of The UAE provides the opportunity for all stakeholders including supervised entities, vendors, counterparties and the public to discreetly disclose wrongdoing by CBUAE Employees, Contractors, and Representatives in an environment free from the threat of retaliation. Read more about our central bank … 2.3 You may download or print information and material from this Website for personal use, use within an organization or non-commercial use. In a press release issued on November 3rd 2020, the UAE Central Bank issued a new regulation on Stored Value Facilities (SVF). The Central Bank of the UAE will begin issuing dirham-denominated securities named Monetary Bills (M-Bills) starting in January. Laws. QCB Law; Investment Funds Law; Foreign Capital Investment; Law No. This site is best viewed in 1920 x 1080 resolution. Moreover, the authorized staff may only access the personal identity information, where such staff pledged to maintain confidentiality of the information provided. 6.2 The Terms and Conditions and any obligations arising out of or in connection with it shall be governed by and construed in accordance with the laws of the UAE. In 2019, the inflation rate of the United Arab Emirates was at 1.93 percent compared to the previous year. Central Bank of The UAE may take the appropriate measures to protect website against any loss, abuse or change of information available on the website on the condition that Central Bank of The UAE shall not guarantee to maintain confidentiality of the website contents. The main objective of the webpage is to provide professional users with the possibility to compare core national statistics using graphical presentations. The pension funds section includes data and statistical releases on the balance sheet of Irish pension funds. source: National Bureau of Statistics, United Arab Emirates. UAE Balance of Payments Statistics - 03 January 2018 2018. Governance; FATCA; Policy Framework. Pension Fund Statistics. Governance; FATCA; Policy Framework. • Advise the government on financial and monetary issues. Larger banks dominate the country’s banking industry, with the five biggest banks accounting for about 60% of the sector’s assets. Data categories: Demand and supply, Holders and trends. More Foreign Trade . OPEN DOWNLOAD. The Central Bank of Trinidad and Tobago is an independent public institution which has as its main role and function the promotion of monetary and financial stability in Trinidad and Tobago. Central bank hub The BIS facilitates dialogue, collaboration and information-sharing among central banks and other authorities that are responsible for promoting financial stability. It is formally commenced its functions on 11 December 1980 in pursuance of the provision of Union Law No. Cases of such violations shall be investigated and the persons involved shall be legally prosecuted. Our website uses cookies to improve your online experience. The system has been operational since August 25, 2001. 2.1 These Intellectual Property terms form part of the Central Bank of the UAE website general Terms and Conditions. These data include outstanding amounts, transactions, interest rates on deposit and loan markets, and also an aggregate balance sheet … QCB Law; Investment Funds Law; Foreign Capital Investment; Law No. 5.2 The Website title shall not collect personal information about you when accessing the Website unless you choose specifically and willingly to provide such information to us. Calendar Forecast Indicators News. Even though the central bank doesn’t fix the EIBOR rate, it will have a panel with 10 reputed banks of UAE. Safety tips for Digital Payment. BHIM Cent UPI QR Code . Every effort is made to acknowledge third party copyright in published materials and no infringement is intended. externally and ensure its free convertibility into foreign currencies. Pages of this Website shall be uploaded within the full window of the user or as a new one. • Act as the bank for banks operating in the country. 549 . Bank nonperforming loans to total gross loans (%) Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+) Domestic credit provided by financial sector (% of GDP) Using the Website by any means for sending an e-mail, anything of it or on its behalf, by referring to it, or assuming the identity of its name involving offence or libel of Central Bank of The UAE, Website or any person whomsoever, announcing any untrue news or information and ascribing it to Central Bank of the UAE unlawfully. UAE Central Bank signs accord to share information and data MoU with Bureau of Statistics allows exchange of bank statements Published: July 01, 2010 00:00 By Himendra Mohan Kumar, Staff Reporter Number of National Banks' Head Office and Branches operating in the UAE. The UAE Central Bank has extended its Targeted Economic Support Scheme (Tess) for another six months until June 30, 2021 to continue its support for the economy during the Covid-19 pandemic. They were placed on your computer when you launched this website. If you do that, we shall use such details only to process your application for obtaining information or services. UAE Balance of payments: challenges and innovative compilation method 1 Abubaker Al Sayari, Central Bank of the United Arab Emirates . Credit and Banking Statistics. The Deutsche Bundesbank is the independent central bank of the Federal Republic of Germany. Receive alerts when new updates are published, This site is best viewed in Screen Resolution 1440 x 900, Copyright © United Arab Emirates Central Bank, All rights reserved, Foreign Account Tax Compliance Act (FATCA), Payment Purpose Codes and Explanatory Notes, CBUAE Register and Licensed Banks and Other Financial Institutions Ownership, Licensed Banks and Other Financial Institutions’ Ownership. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. Central Bank of the UAE regulates commercial banks, investment banks, Islamic banks, moneychangers, financial and monetary intermediaries, financial investment companies and finance companies. Supports: Microsoft IE 11.0+, Firefox 40+, Safari 6.2.8+ and Google chrome 50+ 0742.122+ If you have been informed via email, social media, telephone or post that you have a claim on or have funds held at the CBUAE or you have received any documents or details of investment opportunities that appear to come from the CBUAE, it is likely to be fraudulent. The CBUAE never sends emails from Gmail, Yahoo, Hotmail or other public email accounts such as live.com. XLSX ; Number of Foreign Banks' Head Office and Branches. 4.1 To meet the user needs, links for other websites have been listed on this Website. The UAE Central Bank conducted the first-of-its-kind cyberattack simulation exercise to test the resilience of the country's banking sector against any potential cyber threats. We urge you to make sure that all communications are legitimate and NOT to send money to any unauthorized individuals or institutions. XLSX; Number of National Banks' Head Office and Branches. The Central Bank of the UAE (CBUAE) conducted cyberattack simulation exercise that is designed to test the resilience of the UAE’s banking sector against cyber threats. Exchange rates from 1979 to 1998 are closing mid-market indications for the Irish pound, expressed as units of currency per Irish pound. In the case the information is obtained from outside sources, whilst all due care has been taken in compiling this [publication/report], the Central Bank accepts no responsibility for, and gives no guarantees concerning the accuracy, comprehensiveness, fitness-for-purpose, reliability, or otherwise, of the information provided. 6.1 The CBUAE reserves the right to make changes to the Terms and Conditions, this Website and its contents without prior notice. UAE: Central Bank monthly data update The monthly statistics bulletin published by the UAE Central Bank shows surging public sector loan growth, while private sector borrowing slowed in Q1 2014. Neither the Central Bank nor any person acting on its behalf may be held responsible with respect to any direct (or indirect) loss that may arise from the use of, or reliance on the published materials. The CBUAE is not a retail bank and we do not carry out transactions or hold funds for members of the public. @cb-uae.ae,cbuae-ae.com). Use of QR Code is a convenient way. IFC - Central Bank of Armenia Workshop . You are using IE, Statistical releases containing our latest data, UAE Banking Indicators – Conventional Banks (CB) & Islamic Banks (IB), UAE Banking Indicators (NB) & Foreign Banks (FB). The UAE Central Bank is the primary financial regulatory authority in the country. Other measures introduced by the UAE central bank on Saturday include reducing by 15-25% the amount of capital banks have to hold for loans to … Read More. Gold plays an important part in central banks’ reserves management, and they are significant holders of gold. UAE, Saudi central banks issue report on joint digital currency, 'Aber' project Distributed ledger technology would enable central banks to develop payment systems Published: November 29, … Quarterly Reports Our quarterly reports discuss monetary and banking activities, credit sentiment, financial soundness indicators, as well as developments in the UAE financial markets each quarter. Website. Banking System(Commercial Banks and Non-Bank Financial Institutions) This domain contains major aggregates for the entire banking system including statistics on loans and deposits disaggregated by institutional sector (households, businesses, government … “Euro area statistics” - The ECB website "Euro area statistics" is about euro area and national central bank statistics, and presents a sub-set of available statistics. national economy. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. Accessing details that are not intended to be provided to this user or logging into a server or an account that the user is not authorized to access. The UAE Funds Transfer System (UAEFTS) is the Real Time Gross Settlement (RTGS) system of the United Arab Emirates, hosted by the Central Bank of the UAE. State with such concerns. SDW provides features to access, find, compare, download and share the ECB’s published statistical information. Explore raw data about the World Bank Group’s finances, including disbursements and management of global funds. International and Arab Funds and Institutions and carry out dealings of the There are several locally established banks and branches of foreign banks offering commercial banking services in the UAE. The CBUAE cannot and will not honor any commitments or promises made by fake employees, imposters or unauthorized individuals. Furthermore, the Central bank is not responsible for the accuracy, reliability, or otherwise, of information obtained from, reported, or prepared by external entities. Legal Entity Identifier (LEI) for Qatar Central Bank; IBAN; Careers; Strategic Plan; Legislation. Central Bank of The UAE may take the appropriate measures to protect website against any loss, abuse or change of information available on the website on the condition that Central Bank of The UAE shall not guarantee to maintain confidentiality of the website contents. Digital Payment Suraksha. Quarterly Review of the Central Bank of the UAE Search By Year : All. Nevertheless, uploading any pages within separate frameworks on another website is not permitted. 20 of Year 2019 on Combating Money Laundering and Terrorism Financing; Instructions to Financial Institutions. The CBUAE requests you to be alert and always confirm the authenticity of any emails or documents you receive that purport to be from the CBUAE. - The total interest paid and received in the quarters of 2014 and the first, second and third quarters of 2015. 92 570 million USD. It has formed part of the Eurosystem since 1999, sharing responsibility with the other national central banks and the European Central Bank for the single currency, the euro. Banking supervision and regulations reviewed . Page Last Updated: 01/07/2018. The Central Bank of the UAE is Central Bank of United Arab Emirates. In 2019, the inflation rate of the United Arab Emirates was at 1.93 percent compared to the previous year. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. By using this website, you approve and accept these Terms and Conditions for privacy. Larger banks dominate the country's banking industry, with the five biggest banks accounting for about 60% of the sector's assets. Markets Currency Stock Market. Central Bank of The UAE may take the appropriate measures to protect website against any loss, abuse or change of information available on the website on the condition that Central Bank of The UAE shall not guarantee to maintain confidentiality of the website contents. Central Bank of The UAE shall not be liable for any contents provided on these websites, their improper usage on the part of any person or proper function or any problems arising due to their usage. • Undertake the function of the bank of the government within the limits 1 This presentation was prepared for the meeting. The United Arab Emirates will extend a key component of its coronavirus relief package -- loan payment deferrals -- through June 2021, the central bank said. The UAE Central Bank has launched FinTech Office to develop a mature industry ecosystem within the UAE and position the nation as a foremost FinTech hub regionally and globally. The UAE Central Bank is the primary financial regulatory authority in the country. This site is best viewed in 1920 x 1080 resolution. • Endeavor to support the currency, maintain its stability internally and The Central Bank of the United Arab Emirates held its benchmark repo rate at 1.50 percent on March 16th 2020, but cut its rate on one-week certificates of deposit (CDs) by 75bps after the US Federal Reserve’s emergency decision to cut rates by 100bps in an attempt to boost the economy amid the coronavirus outbreak. Supports: Microsoft IE 11.0+, Firefox 40+, Safari 6.2.8+ and Google chrome 50+ 0742.122+ • Organize and promote banking and supervise over the effectiveness of the Moreover, the authorized staff may only access the personal identity information, where such staff pledged to maintain confidentiality of the information provided. Laws. You'll love the new BillPay It's not just better, it's perfect! The information provided is a compilation of internally developed data, and may also contain data obtained from publicly available sources or external entities. Users' satisfaction with online mobile services Since 2015, the user happiness with … Attempting to conduct any test or survey for finding weakness of any system or network of Central Bank of The UAE or violating applicable procedures or documenting them without an official permit from Central Bank of The UAE. All our emails use our email address: @ cbuae.gov.ae and we do not use any other variations (for e.g. If you do that, we shall use such details only to process your application for obtaining information or services. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. International tourism, number of arrivals from The World Bank: Data In Person at our HQ offices – CBUAE Compliance Unit, In writing to Compliance Unit/ CBUAE PO Box 854, Abu Dhabi, UAE. Value of Certificates of Deposit Issued by Central Bank and purchased by the Banks operating in the UAE. Source: Central Bank- UAE The interest received by commercial banks increased by 5.2% in the first quarter of 2015 while interest paid decreased by 7.2% with a growth rate of 10.9% in gross interest income of commercial banks, compared - Interest rates on loans and advances in the quarters of 2014 and the first, second and third quarters of 2015. Total Deposits:  Net of inter-bank deposits and bank drafts, including commercial prepayment. Page Last Updated: 01/07/2018. 1.1 Users shall not violate or attempt to violate the applicable procedures and regulations for protecting the Website including but not limited to the following: 1.2 Users who violate the rules of usage, or where there are reasons to believe that they have violated or breached such rules, may be stopped and /or prevented from using the Website. The Istanbul School of Central Banking (ISCB) offers training and consultative support with a view to contributing to … According to the press release the new regulation for SVFs will facilitate fintech firms and non Our analysis informs the decisions of the European Central Bank, the Government, financial services firms and the public. 6.3 Any dispute arising out of or in connection with the Terms and Conditions shall be subject to the jurisdiction of the competent courts in the UAE. Central Bank of the UAE regulates commercial banks, investment banks, Islamic banks, moneychangers, financial and monetary intermediaries, financial investment companies and finance companies. The Central Bank of the UAE is Central Bank of United Arab Emirates. Please notify us if the fraud involves a misuse of the CBUAE’s name or logo, or the name of any CBUAE employee, or a fake email address or emails purporting to be from the CBUAE. If you want to notify us of incidents or provide tips or have any questions about these matters you may choose to submit this confidential message by an email to. Terms and conditions of privacy policy below shall be an integral part of conditions for using the website including its title and terms. The website title shall not collect personal information about you when accessing the website unless you choose specifically and willingly to provide such information to us. • Direct credit policy in such ways as to help achieve balanced growth of the Search and explore the world’s largest statistical database to find data. There are 23 local and 26 foreign banks in UAE. E-mails or letters are sent proposing various schemes such as offering loans, investment opportunities or participation in financial transactions, and / or requiring an advance payment in connection with a transaction supposedly to be made through the CBUAE. Users should seek professional advice before relying on any information contained in this [publication/report]. Sending unwanted electronic messages to the Website including commercials and/or advertisements on services or products, falsifying and dispatch control protocol package address/internet protocol or any part of the address details in any electronic messages or sending news messages. Central bank sees UAE GDP growth at 3.5% in 2019. The latest edition, UAEFTS 3.0, has been functioning since March 2012. You are browsing the website using an unsupported browser! Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Reserves. BHIM CENT UPI app provides options to send or receive money easily. The CBUAE is aware that its name and that the names of some of its employees are sometimes used to progress different forms of fraud, perpetrated against third parties. If you would like to continue using our website after making such changes to such privacy policy, this means that you accept them. If you believe that you have been the victim of any fraud, please consider reporting it to your local law enforcement authority. Some of these scams are attempts at identity theft, including fraudulent emails, faxes, including copies of our website. (10) of 1980, which superseded Union Law (2) of 1973, establishing the former Currency Board in the United Arab Emirates. Capital & Reserves : Excluding subordinated borrowings/deposits, but including current year profit. Waheed Abbas /Dubai Filed on March 11, 2019 | Last updated on March 11, 2019 at 06.57 pm The government of Dubai … 2.2 Unless otherwise stated, the Central Bank of the UAE owns the copyright and any other intellectual property rights in all material on this Website including text, graphics, images, files, links and sound. The UAE gross bank assets amounted to AED2.913 trillion by the end of January 2019, 1.2 percent up from AED2.878 trillion by the end of December 2018, according to Central Bank of UAE statistics released recently. Dangerous Duo: COVID-19 and Food Price Inflation Unwinding Progress on Global Poverty, US Financial Services: Salary Details of the Highest Paid Sector, Balance Sheet and Monetary Aggregates Statistics of UAE, Bank Credits to Resident by Economic Activity in UAE. Page Last Updated: 01/07/2018. The Central Bank of the United Arab Emirates ( Arabic: مصرف الإمارات العربية المتحدة المركزي ‎) is the state institution responsible for managing the currency, monetary policy and banking regulation in the United Arab Emirates (UAE). 4.2 It shall be permitted to have direct link with all pages hosted on this Website. Sectors: Demand, Central banks/official inst. Central Bank of The UAE shall reserve the right to make any minor or major change of privacy policy Terms and Conditions from time to time without any prior notice. This website and those in charge of the same shall follow comprehensive and strict information security policy. banking system. This site is best viewed in 1920 x 1080 resolution. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Whereas the interest rates on other loans like personal loans, car loans, etc., are decided by the respective itself. These Terms and Conditions apply to all visitors and users of the Central Bank of the UAE website (the "Website"). Refer to the terminologies page for definitions of the phrases used for the statistics. Central Bank of The UAE shall not be held liable for any loss or damages arising from the use of, or inability to use this Website. Supports: Microsoft IE 11.0+, Firefox 40+, Safari 6.2.8+ and Google chrome 50+ 0742.122+ http://www.centralbank.ae. UAE Central Bank reviews reports related to banking sector. As per the website the new regulation will ensure that stored value products and services are operated in a secure, sound and efficient manner in the UAE. More Foreign Trade Close. Exchange rates from 1999 to the present are Euro Reference Rates published by the European Central Bank, expressed as units of currency per euro. Statistics obtained from the UAE Central Bank: - Income statement for banks (commercial and Islamic) headquartered in the Emirate of Abu Dhabi. These fraudulent materials use the CBUAE’s name, logo and address, as well as names of our staff and management from time to time – all without CBUAE’s permission. It is formally commenced its functions on 11 December 1980 in pursuance of the provision of Union Law No. GDP GDP GDP Annual Growth Rate GDP Constant Prices GDP per capita GDP per capita PPP … The Central Bank of the UAE (CBUAE) conducted cyberattack simulation exercise that is designed to test the resilience of the UAE’s banking sector against cyber threats. Worldwide Central Bank Rates Subscribe to our Newsletter / Rate Alerts via Twitter 2020: 207 rate cuts, 9 rate hikes / 2019: 132 cuts, 21 hikes (listed on cbrates.com) OECD & G20 Countries: 38.00 % (+ 2.00) Argentina | Benchmark Rate (Nov 12, 2020) Fraud and corruption can be averted and reputations protected if timely information is received and acted upon.