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CBUAE imposes financial penalty of AED200,000,000 on a branch of a foreign bank licensed in the UAE

📰 Bignewsnetwork 🕐 1 min read 📅 October 30, 2026 👁 1 views
ABU DHABI, 30th October, 2026 (WAM) -- The Central Bank of the UAE (CBUAE) imposed a financial penalty of AED200,000,000 (Two hundred million UAE Dirhams) on a branch of a foreign bank licensed in the UAE, pursuant to the provisions of the Federal Decree Law Regarding the Central Bank and Organisation of Financial Institutions and Activities. The financial penalty is based on the results of the findings of examin
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