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Monday 07 April 2025


Monday 07 April 2025

CBUAE Issues its 2024 Annual Report

Press Release

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About the CBUAE

The Central Bank of the UAE promotes financial and monetary stability, efficiency and resilience in the financial system, while also working to protect consumers.

About the CBUAE

The Central Bank shall be considered a federal public institution having its own body corporate, and enjoying financial and managerial independence, and the required juridical capacity to conduct all business and activities, which ensure attainment of its objectives. The Central Bank shall directly report to the President of the State, in accordance with Federal Decree-Law of 2025 Regarding the Central Bank, Regulation of Financial Institutions and Activities, and Insurance Business.

 

This decree was approved by His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates, on 08 September, 2025.

 

The CBUAE is the supervisory and regulatory authority of the banking and insurance sector.

 

The CBUAE promotes financial and monetary stability, efficiency and resilience in the financial system, and the protection of consumers through effective supervision that supports economic growth for the benefit of the UAE and its people.

About the CBUAE

Vision, Mission and Objectives

Our Vision

To be among the top central banks globally in promoting monetary and financial stability and supporting the UAE’s competitiveness.

 

Our Mission

 

Enhancing monetary management, financial stability, and protecting consumers through effective supervision of Licensed Financial Institutions, prudent management of reserves, robust financial infrastructure, and the adoption of digital technologies.

 

Values

Competitive

 

Our ambition is to be a global leader across various fields by investing in innovative technology grounded in best practices and research.

 

Proactive

 

Establishing a proactive mindset that increases ownership, accountability, and innovation through empowering and enabling employees across all levels and facilitating effective decision-making. 

 

Transparent

 

Creating transparency and openness with the highest integrity across the organisation through effective communication and collaboration.

 

Talent-centric

 

Building a caring, talent-centric organisation that rewards and recognises employees and emphasises their development.

Strategic Objectives

• Support UAE competitiveness and diversity & growth of the financial sector in line with future economic trends.

• Establish robust and innovative financial market infrastructure, and Support shaping the future of the UAE’s financial technology and digitalisation Journey.

 

Core Objectives


• Enhance monetary and financial stability.

• Advance the regulatory and supervisory framework for licensed Financial Institutions.

• Enhance trust and confidence in the UAE’s financial services sector.

• Strengthen the role of the insurance sector in providing the necessary protection for the society and the economy.

 

Common Enabler


• Attract, retain and empower top talent and provide efficient and effective corporate services as well as digital infrastructure.

• Implement innovative practices to further improve the flexibility, proactivity and responsiveness of the CBUAE's work environment.

Responsibilities

For the purpose of achieving its objectives, the Central Bank shall undertake the following functions and jurisdictions:

Establish and implement monetary policy.

Exercise the privilege of Currency issuance.

Issue regulations, standards, circulars and guidelines to ensure Licensed Financial Activities are carried out with integrity, prudence and professional competence, and in a manner not detrimental to the interests of customers, the insured and beneficiaries.

Regulate Licensed Financial Activities, develop and promote proper standards of conduct, sound and prudential practices among Licensed Financial Institutions in accordance with the Central Bank law and international standards.

Monitor and analyse systemic risk in the financial system.

Maintain sufficient foreign reserves to cover the Monetary Base.

Regulate, develop, oversee and maintain soundness and efficiency of Financial Market Infrastructures, including electronic payment systems, digital currency and stored‑value facilities.

Foster sustainable finance in the State and integrate environmental, social and governance (ESG) principles into the Central Bank’s business and operations.

Our Leadership

Our Leadership

Our Operations

Our Operations

Our History

Since its establishment in 1980, the CBUAE has played a vital role in the rapid development of the UAE’s financial system and the growth of a diverse, globally-competitive economy.  

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Our History

Key Reports

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Last updated on: Wednesday 26 August 2026

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