of  

or
Sign in to continue reading...

الامارات - الاجتماع الثالث (2017) لمجلس إدارة المصرف المركزي

IB Insights
By IB Insights
7 years ago
الامارات - الاجتماع الثالث (2017) لمجلس إدارة المصرف المركزي

Ard, Reserves


Create FREE account or Login to add your comment
Comments (0)


Transcription

  1. Press Release 7102 ‫ مايو‬3 ،‫ األربعاء‬:‫التاريخ‬ Date: Wednesday, 3 May 2017 The Board of Directors of the Central Bank of the UAE held its 3rd meeting for 2017 at 9:30am on Tuesday, 2nd May 2017, at the Central Bank – Abu Dhabi, under the chairmanship of H.E. Khalifa Mohammed Al Kindi, Chairman of the Board. The meeting was attended by H.E. Khalid Juma Al Majid, Deputy Chairman, H.E. Mubarak Rashed Al Mansoori, the Governor, and Board members; Their Excellencies Younis Haji Al Khoori, Khalid Ahmad Al Tayer, Hamad Mubarak Buamim, as well as by Their Excellencies Mohamad Ali Bin Zayed Al Falasi, Deputy Governor, Saif Hadef Al Shamsi, Assistant Governor and a group of senior Central Bank staff. 2112 2 2112 The Board also reviewed Central Bank’s Q1 Report for the year 2112, presented by the Research & Statistics Department. The report covered international economic developments, domestic economic developments, financial stability indicators, banking liquidity, and monetary reserves management. 2112 The board instructed publication of the report on the Central Bank’s Website. ‫واطلع المجلس على تقرير بشأن آخر مستجدات برنامم‬ .‫التحول التنظيمي للمصرف المركزي‬ The Board also reviewed a report on the latest updates regarding the transformation program in the Central Bank. 21
  2. The Board then reviewed the Monetary Operations & Reserves Management Department’s reports, which include the macroprudential ratios of the banking sector, and liquidity indicators in the banking sector. ‫ث ا ا اطلااع المجل ا س علااى تقاام ير دائاارا اللملياامت النقديا ا‬ ‫وإدا ا االحتيمطيااامت التااي ت اامنب النس ا االحترازيا ا‬ The Board also discussed draft of the delegation of authorities’ matrix for the Banking Supervision dep., and the Monetary & Reserve Management dep., and took necessary decisions I respect thereof. ‫كمم نمقش المجلس مس اودا مصاوو الصاححيمت للرقمبا‬ ‫على البنوك وللسيمس النقديا واالحتيمطياامت واالساتقرا‬ .‫ واتخذ القرا ات الحزم حولهم‬،‫المملي‬ ‫الكليا للنظام المصار ي ومــ ا رات الس ا يول لاد‬ .‫القطمع المصر ي‬ The Board also reviewed applications submitted by banks & other financial institutions operating in the UAE. The Board approved the applications that fulfilled the conditions as per applicable law and regulations for each individual activity. The board also reviewed two issues submitted by the Banking Supervision Department regarding : - Properties held by banks in settlement of debt, and were not disposed of within the allowed grace period. - Emiratization ratios at banks and the points system (Emiratization strategy at banks) The Board took necessary decisions in this regard. The Board completed the discussion of the remaining topics listed on its agenda, as well as other topics, and took appropriate decisions in this regard. 22