Banks

The UAE banking sector has proved its ability to deal with challenges and has succeeded in managing and surviving a series of crises while being able to meet international standards at all levels through latest developments and techniques.

The UAE Banks Federation annual report highlighted the good performance of banks and apparent growth in almost all indicators, reflected in achieving a liquidity, a strong reserve base and a high capital adequacy ratio. The UAE banking sector remains the Arab world's largest in terms of assets.

International financial experts agree that banking sector in the UAE has coped with fluctuations in the financial market. The sector has successfully overcome financial crisis that affected the banks around the world. Current banking system of the Emirates meets the highest international standards, and introduces the most advanced technologies.

Annual reports of banks in the United Arab Emirates have shown good results and actual increase of banking indicators. All of the aforesaid is confirmed by high liquidity ratios of banks UAE, sufficiency of financial reserves and excellent capital strength. As for the value of assets available the banking system of the United Arab Emirates has been holding a leading position in the world.