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UAE Financial Sector Shows Resilience Amid Middle East Tensions, Central Bank Affirms
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UAE Central Bank: Financial Sector Resilient Amid Iran-Israel-US Tensions
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CNBC TV18
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06-03-2026, 09:58
UAE Central Bank: Financial Sector Resilient Amid Iran-Israel-US Tensions
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UAE Central Bank assures strong, stable financial system despite regional Iran-Israel-US conflict tensions.
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Governor Khaled Mohamed Balama stated banks, financial institutions, and insurance companies operate normally.
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Remarks follow investor concerns and stock market decline after Iranian missile strikes shook confidence.
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Banking system maintains strong capital (17% adequacy) and liquidity (146.6% LCR) buffers, exceeding regulatory thresholds.
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Total assets exceed AED 5.42 trillion, backed by five decades of stability and robust risk management.
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