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Our History

2021

H.E. Khaled Mohamed Balama is appointed Governor

The Insurance Authority was merged into the Central Bank of the UAE, pursuant to Decretal Federal Law No. (25) of 2020

2020

H.E. Abdulhamid M. Saeed Alahmadi is appointed Governor

2018 

Decretal Federal Law No. (14) of 2018 regarding the CBUAE and Organisation of Financial Institutions and Activities was issued

2014 

H.E. Mubarak Rashed Al Mansoori is appointed Governor

2012 

Regulatory Development Division was formed

CBUAE publishes its first Financial Stability Report 

2009 

Financial Stability Unit was formed

2000 

Formation of the National Anti-Money Laundering Committee 

1998 

Anti-Money Laundering and Suspicious Case Unit (AMLSCU) established 

1991 

H.E. Sultan Bin Nasser Al Suwaidi is appointed Governor

1982 

Formation of the Risk Bureau 

1980 

The Union Law No (10) of 1980

The Union Law No (10) of 1980 saw the establishment of the CBUAE as a public institution. The Law No (10) also strengthened the functions of the Central Bank (previously assigned to the currency board) – H.E. Abdul Malik Yousef Al Hamar appointed Governor 

1978 

The establishment of the Banking Supervision Department 

1974 

The establishment of the Research and Statistics Centre 

1973 

The ‘Currency Board’ was established

The ‘Currency Board’ was established, as per Union Law No. (2) of 1973. The Currency Board issued the national currency that replaced the Bahraini Dinar and the Qatar and Dubai Riyal currencies that were in use at the time with the UAE Dirham

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Last updated on: Thursday 28 July 2022

Total visitors 1520

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