Central Bank of The UAE | Company Profile - Revenue, Headcount, Tech Stack, Contacts
The Central Bank of the United Arab Emirates (CBUAE) serves as the primary monetary authority and financial regulator of the UAE.
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The Central Bank of the United Arab Emirates (CBUAE) serves as the primary monetary authority and financial regulator of the UAE. Established on December 10, 1980, it succeeded the UAE Currency Board and is responsible for issuing and managing the national currency, the UAE dirham. The CBUAE ensures monetary stability, oversees the banking and financial system, and acts as the government's banker.
CBUAE's core functions include managing monetary and credit policy, supervising banks and financial institutions, and regulating payment systems. It also handles gold and foreign exchange reserves and represents the UAE in international financial bodies. Recent initiatives include enhancing consumer protection, developing Islamic banking regulations, and promoting digital finance through the FIT Programme. The bank plays a vital role in supporting economic growth and maintaining financial stability in the UAE.
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