UAE Steps in to Support Banks as War Pressure Builds: What to Know

مجلة رواد الأعمال

Factuality

Ownership

Proactive five-pronged measures include easing liquidity and capital requirements to support the economy. The package includes easing reserve requirements, providing facilities in dirhams and dollars, and reducing liquidity and capital requirements to enhance the resilience of banks. The measures allow for flexibility in classifying the debts of affected customers, while emphasizing the continued flow of financing to support the economy. The ba…