Central Bank of The UAE

The Central Bank of The UAE is the primary banking authority of the United Arab Emirates, located in Abu Dhabi. Established in 1980, the Central Bank’s mission is to ensure monetary stability, supervise financial institutions, and implement effective monetary policies across the nation. The current Governor of the Central Bank is Mr. Khaled Mohamed Balama, who oversees the institution’s operations. The Central Bank of the UAE specializes in:

• Regulating and supervising financial institutions and banks operating in the UAE
• Ensuring monetary stability and managing the UAE dirham’s currency value
• Implementing monetary policies and maintaining financial stability in the country
• Overseeing the UAE’s payment systems and financial markets
• Facilitating banking services for the public and business sectors, including policies related to interest rates and inflation

The Central Bank of the UAE plays a pivotal role in maintaining the financial health and stability of the nation. Its regulatory functions and monetary policies contribute significantly to the growth and security of the UAE’s economy, ensuring that the financial system remains robust and reliable.