Laws. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. • Exercise the privilege of currency issue. • Act as the State's financial agent at the IMF, the IBRD, and other Okay to continue 20 of Year 2019 on Combating Money Laundering and Terrorism Financing; Instructions to Financial Institutions. 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. Moreover, the authorized staff may only access the personal identity information, where such staff pledged to maintain confidentiality of the information provided. Exchange rates from 1979 to 1998 are closing mid-market indications for the Irish pound, expressed as units of currency per Irish pound. 549 . GDP GDP GDP Annual Growth Rate GDP Constant Prices GDP per capita GDP per capita PPP … World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. Page Last Updated: 01/07/2018. “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. 20 of Year 2019 on Combating Money Laundering and Terrorism Financing; Instructions to Financial Institutions. Statistics obtained from the UAE Central Bank: - Income statement for banks (commercial and Islamic) headquartered in the Emirate of Abu Dhabi. By using this website, you approve and accept these Terms and Conditions for privacy. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. This site is best viewed in 1920 x 1080 resolution. BHIM Cent UPI QR Code . 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. Central Bank of the UAE . There are several locally established banks and branches of foreign banks offering commercial banking services in the UAE. The information provided may be changed or updated without prior notice, and the Central bank is not liable for the accuracy of any materials previously downloaded, printed, or stored by users. Individuals providing information can be assured that information received will be evaluated and acted upon as necessary. Terms and conditions of privacy policy below shall be an integral part of conditions for using the website including its title and terms. - Interest rates on loans and advances in the quarters of 2014 and the first, second and third quarters of 2015. 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. 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. 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. prescribed in the law. 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. Dubai: The UAE’s central bank has projected growth of 2 per cent in real gross domestic product (GDP) this year, up from an estimated 1.7 per cent in 2018. This website and those in charge of the same shall follow comprehensive and strict information security policy. Value of Certificates of Deposit Issued by Central Bank and purchased by the Banks operating in the UAE. 109th Foundation Day of Central Bank of India. XLSX ; Number of Foreign Banks' Head Office and Branches. International and Arab Funds and Institutions and carry out dealings of the The Central Bank of the UAE is Central Bank of United Arab Emirates. Markets Currency Stock Market. Our analysis informs the decisions of the European Central Bank, the Government, financial services firms and the public. You'll love the new BillPay It's not just better, it's perfect! Central Bank of the UAE regulates commercial banks, investment banks, Islamic banks, moneychangers, financial and monetary intermediaries, financial investment companies and finance companies. 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. Whereas the interest rates on other loans like personal loans, car loans, etc., are decided by the respective itself. Read More. 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. 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. All our emails use our email address: @ cbuae.gov.ae and we do not use any other variations (for e.g. The IMF publishes a range of time series data on IMF lending, exchange rates and other economic and financial indicators. Projects & Operations Provides access to basic information on all of the World Bank's lending projects from 1947 to the present. 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. The latest edition, UAEFTS 3.0, has been functioning since March 2012. The system has been operational since August 25, 2001. Inflation Rate in the United Arab Emirates averaged 1.62 percent from 1990 until 2020, reaching an all time high of 12.30 percent in December of 2008 and a record low of -2.71 percent in May of 2020. 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. banking system. 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 IFC - Central Bank of Armenia Workshop . It is formally commenced its functions on 11 December 1980 in pursuance of the provision of Union Law No. national economy. ... Real Sector Statistics. 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 (10) of 1980, which superseded Union Law (2) of 1973, establishing the former Currency Board in the United Arab Emirates. Supports: Microsoft IE 11.0+, Firefox 40+, Safari 6.2.8+ and Google chrome 50+ 0742.122+ Last month, the regulator extended the Dh50 billion ($13.61bn) Targeted Economic Support Scheme (Tess) until June 30 next year in an effort to continue supporting the economy. The Central Bank publishes its evaluations regarding the inflation outlook and other subjects falling into its area of responsibility. 2018. This material is intended for information purposes only. There are several locally established banks and branches of foreign banks offering commercial banking services in the UAE. Pension Fund Statistics. The Central Bank is the main compiler of Irish financial statistics. International tourism, number of arrivals from The World Bank: Data UAE Balance of payments: challenges and innovative compilation method 1 Abubaker Al Sayari, Central Bank of the United Arab Emirates . Each bank provides a value on which the central bank picks an average value and sets as an interest rate on the home loan. Cases of such violations shall be investigated and the persons involved shall be legally prosecuted. The information provided is a compilation of internally developed data, and may also contain data obtained from publicly available sources or external entities. Quarterly Review of the Central Bank of the UAE Search By Year : All. The CBUAE is not a retail bank and we do not carry out transactions or hold funds for members of the public. The CBUAE never sends emails from Gmail, Yahoo, Hotmail or other public email accounts such as live.com. “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. All. Gold plays an important part in central banks’ reserves management, and they are significant holders of gold. 4.2 It shall be permitted to have direct link with all pages hosted on this Website. Larger banks dominate the country's banking industry, with the five biggest banks accounting for about 60% of the sector's assets. Exchange rates from 1999 to the present are Euro Reference Rates published by the European Central Bank, expressed as units of currency per euro. 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. 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. Your details will be held in confidence to the fullest extent practical or allowed by law. Waheed Abbas /Dubai Filed on March 11, 2019 | Last updated on March 11, 2019 at 06.57 pm The government of Dubai … This site is best viewed in 1920 x 1080 resolution. 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. 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. on “External Sector Statistics ” Dilijan, Armenia, 11-12 June 2018 . 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) 6.1 The CBUAE reserves the right to make changes to the Terms and Conditions, this Website and its contents without prior notice. Published: May 30, 2018 16:37 Staff Report. In Person at our HQ offices – CBUAE Compliance Unit, In writing to Compliance Unit/ CBUAE PO Box 854, Abu Dhabi, UAE. 5.3 This Website and those in charge of the same shall follow comprehensive and strict information security policy. Domestic credit: Domestic Credit Included Lending to ( Residents ) : Non Banking Financial Institutions , Trade Bills Discounted and Loans and Advances for Government & Public Sector , Private Sector ( Corporates and Individuals ) in Local and Foreign Currency. More Foreign Trade Close. Total Deposits:  Net of inter-bank deposits and bank drafts, including commercial prepayment. They were placed on your computer when you launched this website. 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 Istanbul School of Central Banking (ISCB) offers training and consultative support with a view to contributing to … Latest Central Bank of the UAE articles on Central Banks Policy, Regulation, Markets & Institutions. 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. 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. In 2019, the inflation rate of the United Arab Emirates was at 1.93 percent compared to the previous year. Data categories: Demand and supply, Holders and trends. 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) Central Bank Balance Sheet (AED Billion) 443 May/20: 452: 48.74 : 457 : Monthly: Foreign Exchange Reserves (AED ... time-series statistics, business news, long term forecasts and short-term predictions for the United Arab Emirates economy. It is formally commenced its functions on 11 December 1980 in pursuance of the provision of Union Law No. 5.1 This privacy policy forms part of the Central Bank of the UAE website general Terms and Conditions. Safety tips for Digital Payment. 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). Explore raw data about the World Bank Group’s finances, including disbursements and management of global funds. The pension funds section includes data and statistical releases on the balance sheet of Irish pension funds. There are 23 local and 26 foreign banks in UAE. The CBUAE can take no responsibility for losses arising from these sites, services or documents. State with such concerns. SDW provides features to access, find, compare, download and share the ECB’s published statistical information. 1 This presentation was prepared for the meeting. externally and ensure its free convertibility into foreign currencies. Laws. If you do that, we shall use such details only to process your application for obtaining information or services. Moreover, the authorized staff may only access the personal identity information, where such staff pledged to maintain confidentiality of the information provided. The UAE central bank has rolled out various measures and initiatives this year to stimulate the local economy amid a darkening outlook for the global economy. Central bank hub The BIS facilitates dialogue, collaboration and information-sharing among central banks and other authorities that are responsible for promoting financial stability. 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. The main objective of the webpage is to provide professional users with the possibility to compare core national statistics using graphical presentations. The UAE Central Bank estimated an expected growth of 3.6 percent in the country's non-oil GDP by the end of 2021, reported the official Emirates News Agency (WAM) on Saturday. March, while claims on the private sector (including non-bank financial institutions) declined -1.3% q/q with annual growth rate slowing to just 0.4% y/y. Read more about our central bank … The UAE Central Bank is the primary financial regulatory authority in the country. This site is best viewed in 1920 x 1080 resolution. QCB Law; Investment Funds Law; Foreign Capital Investment; Law No. In addition, it shall not be also legally liable for any damage that may be caused to you or any person as a result of violation of privacy regarding information that might be transferred to the website. 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 Central bank hub The BIS facilitates dialogue, collaboration and information-sharing among central banks and other authorities that are responsible for promoting financial stability. 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. 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