UAE Central Bank Governor Affirms Strength and Stability of the Financial Sector
Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates, affirmed that the country’s financial and banking sector continues to enjoy the highest levels of strength and stability.
He emphasized that banks, financial institutions, and insurance companies across the United Arab Emirates are operating normally and providing services to the public efficiently and without interruption throughout the country.
A Legacy of Trust and Stability for Over 53 Years
For more than 53 years, the Central Bank of the UAE has built a distinguished track record of achievements. Guided by the country’s prudent leadership, the institution has maintained the resilience, strength, and stability of the UAE’s financial and banking system.
Despite successive geopolitical developments in the region over the decades, both the central bank and the broader financial sector have demonstrated a strong ability to adapt, remain resilient, and continue growing. This has reinforced the UAE’s position as an attractive and secure destination and a leading financial hub at both regional and global levels.
This long-standing track record reflects the robust foundations of the country’s financial and banking ecosystem, built on sound governance, financial discipline, sectoral diversification, proactive risk management, and strong readiness to address regional and global developments.
Strong Banking Sector and Solid Financial Position
The UAE’s banking and financial sector maintains very high levels of capital adequacy and liquidity. The capital adequacy ratio stands at around 17%, while the liquidity coverage ratio exceeds 146.6%—both significantly above regulatory requirements recommended by international supervisory bodies.
Total assets of the country’s banking and financial sector exceed AED 5.42 trillion, underscoring the scale and strength of financial institutions’ balance sheets and their capacity to meet obligations while continuing to support economic activity under various conditions.
Balama also confirmed that banking systems, payment systems, and the national financial infrastructure are operating with full efficiency and stability, supported by advanced operational and technological frameworks that ensure smooth and secure continuity of financial services.
