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UAE bank support package reflects UAE leadership’s vision, says federation chief
Measures reinforce the stability and strength of the UAE’s banking sector amid the exceptional conditions facing the region and the global economy, says Al Ghurair
- PUBLISHED: Wed 18 Mar 2026, 8:53 PM
The UAE Banks Federation on Wednesday stressed that the comprehensive Financial Institution Resilience Package, approved by the Central Bank of the UAE, reflects the apex bank’s forward-looking approach to enhance resilience and reinforce the stability and strength of the UAE’s banking sector amid the exceptional conditions facing the region and the global economy.
AbdulAziz Al Ghurair, Chairman of UBF, said: “This step underscores the vision of the UAE’s wise leadership and the proactive approach of CBUAE, which is committed to developing strategies, policies, and frameworks that ensure the stability of the banking and financial sector and enabling it to fulfil its role in supporting socio-economic development and advancing the UAE’s strategic priorities.”
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He added: “Building on the strong fundamentals of the UAE economy and its advanced financial policies, the banking sector has consistently achieved growth while maintaining high levels of financial soundness indicators and navigating challenges in the global economy. The sector enjoys strong capital adequacy and liquidity levels that exceed regulatory requirements and international standards. This proactive support package further enhances resilience and adaptability, enabling continued growth. The five pillars of the package provide additional flexibility for financial and banking institutions to utilise excess liquidity, reserve balances, and capital buffers to support customers during these exceptional conditions, contributing to strengthening the national economy.”
Al Ghurair said: “We reaffirm the commitment of the banking and financial sector to support individual and corporate customers and provide secure and seamless banking services under the direct supervision of CBUAE. The UAE banking sector has developed robust frameworks and policies for risk management, business continuity, and cybersecurity to effectively address potential challenges. We also reiterate our commitment to working in coordination with CBUAE and other relevant authorities to closely monitor developments, ensuring system stability and full readiness to deliver financial and banking services to all customer segments.”
Mohamed Abdelbary, Group Chief Executive Officer of ADIB, said: “The measures introduced by the UAE Central Bank reflect a proactive and forward-looking approach to reinforcing the stability and resilience of the UAE’s financial system in light of evolving global and regional conditions. These actions reaffirm the strength of the UAE’s financial and regulatory framework, supported by strong fundamentals, ample liquidity, and sound capital positions. By enhancing flexibility within the banking sector, they ensure that financial institutions remain well positioned to continue supporting economic activity and maintaining financial stability. They also underscore the continued readiness of the UAE’s authorities to deploy the necessary policy tools to safeguard the financial system and sustain confidence under all conditions.At ADIB, we remain fully aligned with the Central Bank and will continue to work closely with regulators and the wider banking sector to support the UAE economy and uphold financial stability.”
