UAE Banks Federation confirms a 100% increase in the use of some digital banking channels

UAE ranks second globally in customer trust at 84%

Abu Dhabi, United Arab Emirates – 19 May 2023:

UAE Banks Federation, the representative and unified voice of UAE banks, revealed that the rate of digital banking services use through a number of banking channels has risen over 100%, reflecting the impressive advancements made by the UAE in deploying the latest technologies, as well as conforms the customer confidence in the levels of security of these services.

UAE Banks Federation: Member banks have a key role in combating money laundering based on trade and letters of credit

Abu Dhabi, United Arab Emirates – 01 March 2023:

UAE Banks Federation (UBF), the unified representative body and voice of banks in the UAE, organised a virtual workshop on combating trade-and-credit-documents-based money laundering as part of its ongoing efforts to improve frameworks and procedures necessary to develop and maintain the highest levels of compliance and risk management at member banks. Held on 28^th February, the workshop was hosted under the direct supervision and guidance of the Central Bank of the UAE with an aim to enhance the effectiveness of the banking and financial system to combat economic crime.

UAE Banks Federation reiterates the importance of supporting small and medium enterprises to enhance economic development

Webinar reviews SME growth opportunities and innovation of banking solutions

• Expanding the scope of banking services for SMEs contributes to sustainable development

Abu Dhabi, United Arab Emirates- 22 November 2022:

The UAE Banks Federation, the unified representative and voice of UAE banks, organised a webinar on growth opportunities and innovation of banking solutions for small and medium enterprises (SMEs) under the theme “Changing Landscape of SME Banking in the UAE” on the 3rd of November, as part of its efforts to support this important sector and enhance its role in the economic and social development in the UAE.

UAE Banks Federation fuels digital transformation of banking sector

• Webinar on digital banking and financial technology discusses latest global trends
• FinTech innovation to consolidate the leadership of the banking sector in the UAE to provide best services to customers in a safe and seamless environment

Abu Dhabi, United Arab Emirates, 24 October 2022

UAE Banks Federation, the unified representative and voice of UAE banks, organised a webinar on digital banking and financial technology on the 19th of October 2022 in collaboration with RFI Global, which specializes in financial intelligence research and solutions.