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UAE Central Bank reviews capital requirements and guarantees for branches of exchange houses

posted on 03/07/2016: 1788 views



The Board of Directors of the Central Bank of the UAE has reviewed a presentation by the Banking Supervision Department, regarding capital requirements and guarantees for branches of exchange houses.

The meeting was held under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board, and attended by Khalid Juma Al Majid, Deputy Chairman, Mubarak Rashed Al Mansoori, the Governor, and Board members, Khalid Mohammad Salem Balama, Khalid Ahmad Al Tayer, Hamad Mubarak Buamim, as well as by Mohamad Ali Bin Zayed Al Falasi, Deputy Governor, Saeed Abdullah Al Hamiz, Assistant Governor for Banking Supervision, Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability and a group of senior Central Bank staff.

The Board completed the discussion of the remaining topics listed on its agenda, as well as other topics and took appropriate decisions in this regard. - Emirates News Agency, WAM - http://www.wam.ae/en/news/economics/1395297382231.html

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