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UAE central bank launches resilience package for supporting stability of banking sector

BY Reuters | ECONOMIC | 03/17/26 04:17 PM EDT

DUBAI, March 17 (Reuters) - The United Arab Emirates central bank said on Tuesday it had approved a comprehensive financial institution resilience package aimed at reinforcing the stability of the country's banking sector.

The central bank said the overall stock of liquidity held by UAE banks at the regulator, combined with their net eligible assets for central bank operations, had reached close to $250 billion.

Under the package, banks will gain enhanced access to reserve balances of up to 30% of the cash reserve requirement and access to term liquidity facilities in both UAE dirhams and U.S. dollars, it added.

(Reporting by Federico Maccioni, Writing by Muhammad Al Gebaly, Editing by Franklin Paul)

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