UAE banks remain strong with sufficient capital, liquidity reserves - Central Bank | ZAWYA MENA Edition:
The UAE banking system remains sound with sufficient capitalisation and liquidity reserves, solid financial performance and high operating efficiency, a report from the Central Bank of the UAE (CBUAE) said.
In the 2018 Financial Stability Report published on Monday, the central bank details the banking system assessment, regulatory developments and macro financial conditions relevant to the financial stability, besides the factors that could drive UAE economy in 2019.
According the report, during the course of 2018, the overall Financial Stability Trend Index (FSTI) indicated a relatively stable macro-financial environment.
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