UAE Central Bank board holds a review meeting
Monika Mittal Singla
<p>Dubai: The Board of Directors of the Central Bank of the UAE (CBUAE) has reviewed a memo regarding the ‘Macro Prudential Policy’ stance report for the second quarter of 2018.</p> <p>The board also reviewed a memo regarding large exposures and instructed that necessary action be taken.</p> <p><ins><img alt="" src="https://wtf2.forkcdn.com/www/delivery/lg.php?bannerid=0&campaignid=0&zoneid=2360&loc=https%3A%2F%2Fgulfnews.com%2Fbusiness%2Fsectors%2Fbanking%2Fuae-central-bank-board-holds-a-review-meeting-1.2274266&referer=https%3A%2F%2Fgulfnews.com%2Fbusiness%2Fsectors%2Fbanking&cb=1a87fdea7e" style="height:0px; width:0px" /></ins>Also taken up for consideration were applications submitted by banks operating in the UAE. The central bank board also took up a memo regarding contributions to the establishment of the Gulf Payments Company.</p> <p> </p> <p>Source:- https://gulfnews.com/business/sectors/banking/uae-central-bank-board-holds-a-review-meeting-1.2274266</p>