Abu Dhabi, United Arab Emirates; 27 June 2024: The CEOs Consultative Council of UAE Banks Federation, the sole representative and unified voice of UAE banks, held its second regular meeting for the current year yesterday (26 June 2024) under the chairmanship of H.E. Mohammed Omran Al Shamsi, Vice Chairman of UAE Banks Federation and Chairman of the Board of Directors of Ras Al Khaimah National Bank, to discuss developments in the banking sector and the Federation’s plans to be implemented in the second half of the year.

Participants at the meeting reviewed the steps taken by the Federation in the first half of the year to implement its strategy, plans and programmes, as well as the significant achievements made during this period to keep pace with the rapid developments in the banking sector.H.E. Mohammed Omran Al Shamsi, Chairman of the CEOs Consultative Council, said: “The banking sector has witnessed many remarkable developments in the first half of this year that have strengthened the sector’s leading position and helped cement the UAE’s position as a global financial and banking centre under the direct supervision of Central Bank of the UAE.