Abu Dhabi [United Arab Emirates], July 14 (ANI/WAM): The Central Bank of the UAE (CBUAE) on Friday issued its Financial Stability Report for 2022. The report provides a comprehensive assessment of the stability of the UAE financial system, which remained resilient throughout 2022 despite global headwinds, and the banking sector being well capitalised with adequate liquidity buffers. The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system. This is in addition to outlining the…
