About Us

The Central Bank of the UAE (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.

2018

Decretal Federal Law No. (14) of 2018 regarding the Central Bank & Organisation of Financial Institutions and Activities issued 

2014

H.E. Mubarak Rashed Al Mansoori appointed Governor

2012

Regulatory Development Division was formed, Central Bank publishes its first Financial Stability Report

2009

Financial Stability Unit was formed

2000

Formation of the National Anti-Money Laundering Committee

1991

H.E. Sultan Bin Nasser Al Suwaidi appointed Governor

1988

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

1982

Formation of the Risk Bureau

1980

The Union Law No (10) of 1980 saw the establishment of the Central Bank of the UAE as a public institution. The Law No (10) also augmented 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 Center

1973

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 Qatari and Dubai Riyal currencies that were in use at the time with the UAE Dirham

Our Vision

Promoting monetary and financial stability towards sustainable economic growth.

Our Mission

Enhancing monetary and financial stability through effective supervision, prudent reserve management, and robust financial infrastructure in line with international best practices and standards.

Objectives

The Central Bank of the UAE aims to achieve the following objectives:

  • Maintain stability of the national currency within the framework of the monetary system.
  • Promotion and protection of the stability of the financial system in the state.
  • Ensure prudent management of the Central Bank’s foreign reserves.

Our Values

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.

The Central Bank's official mandate includes:

  • To prepare and implement monetary policy in line with the National Agenda.
  • To exercise the privilege of currency issuance.
  • To organise Licensed Financial Activities, establish the foundations for carrying them out, and determine the standards required for developing and promoting prudential practices.
  • To set up appropriate regulations and standards for protection of customers of Licensed Financial Institutions.
  • To monitor the credit condition in the state, in order to contribute to the achievement of balanced growth in the national economy.
  • To manage foreign reserves to maintain, at all times, sufficient foreign currency assets to cover the monetary base.
  • To regulate, develop, oversee and maintain soundness of the Financial Infrastructure Systems in the state, including electronic payment systems, digital currency, and stored value facilities.

Banking Operations

The Banking Operations Department provides banking services and currency management services for transactions in all payment systems operated by the CBUAE.

Banking Supervision

The Banking Supervision Department is responsible for regulating the UAE banking sector through licensing financial institutions, issuing effective policy and regulations, surveillance to ensure compliance by regulated entities, and enforcement in case of non-compliance.

Consumer Protection

Consumer Protection Department works to protect consumers from financial misconduct through education, policy-making, and compliance monitoring and tracking of complaints resolution.

Financial Intelligence

The Financial Intelligence Department oversees the collection, analysis, and dissemination of information to combat money laundering, illicit organisation financing and the financing of terrorism to protect the UAE financial system from abuse by criminals and terrorist financiers and counter reputational risks.

Financial Stability

The Financial Stability Department maintains and promotes financial stability in the financial system, by identifying and monitoring potential, current and future risks. The Department forms macroprudential policy and applies macroprudential tools to reduce systemic risks to the financial system.

Monetary Management

The Monetary Management Department implements CBUAE’s monetary policy objectives through the development of the monetary management framework for the domestic market and management of day-to-day use of related policy tools.

Reserve Management

The Reserve Management Department is responsible for the management of CBUAE reserves as defined by the Reserve Management Policy and the asset allocation approved by the Board of Directors.

Research and Statistics

The Research and Statistics Department supports CBUAE and government policy-making by publishing reports based on research and analysis, and by maintaining relationships with international organizations that provide input for policy-making.

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Core Functions

Banking Operations

The Banking Operations Department provides banking services and currency management services for transactions in all payment systems operated by the CBUAE.

Banking Supervision

The Banking Supervision Department is responsible for regulating the UAE banking sector through licensing financial institutions, issuing effective policy and regulations, surveillance to ensure compliance by regulated entities, and enforcement in case of non-compliance.

Consumer Protection

The Consumer Protection Department works to protect consumers from financial misconduct through education, policy-making, and compliance monitoring and tracking of complaints resolution.

Financial Intelligence

The Financial Intelligence Department oversees the collection, analysis, and dissemination of information to combat money laundering, illicit organisation financing and the financing of terrorism to protect the UAE financial system from abuse by criminals and terrorist financiers, and counter reputational risks.

Financial Stability

The Financial Stability Department maintains and promotes financial stability in the financial system, by identifying and monitoring potential, current and future risks. The department forms macroprudential policy and applies macroprudential tools to reduce systemic risks to the financial system.

Monetary Management

The Monetary Management Department implements CBUAE’s monetary policy objectives through the development of the monetary management framework for the domestic market and management of day-to-day use of related policy tools.

Reserve Management

The Reserve Management Department is responsible for the management of CBUAE reserves as defined by the Reserve Management Policy and the asset allocation approved by the Board of Directors.

Research and Statistics

The Research and Statistics Department supports CBUAE and government policy-making by publishing reports based on research and analysis, and by maintaining relationships with international organizations that provide input for policy-making.

Abu Dhabi - Head Office

Al Ain Branch

P.O. Box: 1414 Al Ain
Telephone: (+971) 37656656
Fax: (+971) 37664777

Parking available

Dubai Branch

P.O. Box: Box 448 Dubai
Telephone: (+971) 43939777
Fax: (+971) 43939933 - 3937802

Parking available

Fujairah Branch

P.O. Box: 768 Fujairah
Telephone: (+971) 92224040
Fax: (+971) 92226805

Parking available

Ras Al Khaimah Branch

P.O. Box: 5000 Ras Al Khaimah
Telephone: (+971) 172284444
Fax: (+971) 172284646

Parking available

Sharjah Branch

P.O. Box: 645 Sharjah
Telephone: (+971) 65592592
Fax: (+971) 65593099 - 5593977

Parking available

Media Center

Abu Dhabi

box
P. O. Box 854
phone
Operator: +97126652220 
fax
Fax: +97126652504