The UAE Banks Federation (UBF) has officially approved its 2026 strategy during its Annual General Meeting today, focusing on reinforcing the nation’s status as a premier global financial hub. The strategy highlights the sector’s robust growth, with total assets reaching AED 5.4 trillion and a credit portfolio expansion of 17.9% over the past year. Under the guidance of the Central Bank, the federation aims to further enhance digital integration and financial stability to support the UAE’s long-term strategic economic objectives.
Source: WAM (Emirates News Agency)