UAE Central Bank Approves Resilience Package Backed by AED 1 Trillion in Assets

The Central Bank of the UAE has reaffirmed the strength and resilience of the country's financial system and banking sector, and approved what it described as a proactive financial institution resilience package backed by the regulator's assets of around AED 1 trillion. The move, endorsed by the central bank's board, is designed to bolster the stability of the financial system and strengthen the capacity of institutions to withstand shocks, reinforcing confidence in the sector at a time of heightened global uncertainty. It comes as the UAE continues a sweeping modernisation of its financial rulebook under a new Central Bank law that consolidates banking and insurance regulation, expands the regulator's enforcement powers and brings emerging technologies and payment providers within its scope, with affected firms required to comply during a transition period running to September 2026. The central bank has been active on multiple fronts, from advancing open-finance and digital-currency initiatives to tightening enforcement of compliance standards. The latest resilience measures underscore the regulator's emphasis on safeguarding financial stability and consumer protection while supporting the UAE's ambition to remain a leading global financial hub.