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الاقتصادية - CNN

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President of United Arab Arab Bank: Emirati Banks Demonstrate Resilience in Facing Crises

President of United Arab Arab Bank: Emirati Banks Demonstrate Resilience in Facing Crises

The Chairman of the Arab United Bank’s Board of Directors stated that the UAE banking sector has proven its ability to maintain stability and resilience during recent geopolitical tensions, supported by solid financial positions and effective risk management. He explained that the banks' response was based on a proactive approach and careful planning, with the Central Bank playing a key role in enhancing confidence and sector resilience. He also noted that the UAE has succeeded in maintaining its investment attractiveness, with economic stability and a favorable legislative environment contributing to this, along with expectations of increased demand for banking services and artificial intelligence technologies, supported by digital transformation and financial sustainability efforts.

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