Abu Dhabi, United Arab Emirates – 12 December 2024:

The CEOs Advisory Council of UAE Banks Federation (UBF), the representative and unified voice of UAE banks, held its fourth and final regular meeting this year recently, under the chairmanship of His Excellency Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation, to review the performance of the banking sector during 2024. The council also discussed key developments, initiatives, and plans implemented by the federation during the year, laying the groundwork for continued achievements in 2025.

UBF Chairman H.E. Abdulaziz Al-Ghurair:Consumer confidence in UAE banking rises to 90%, reflecting sector’s commitment to further growth

• Accelerating digital transformation improves customer experience and provides customised services.
• Emiratisation, sustainability, governance and supporting SMEs are our top priorities.
• The performance of UAE banks confirms the strength and resilience of the banking sector, which is achieving solid financial metrics.

Dubai, United Arab Emirates – 14 May 2024:

H.E. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from 84% in 2022 to 90% in 2023 reflects its continuous development, as customer trust is an important pillar in banking and finance. He explained that the UAE ranks above the global average in the Trust Index and ranks higher than prominent international financial centres, which confirms the banking sector’s ability to meet the requirements of diverse customer segments.