Friday, May 30, 2025

Minimum bank balance

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The regulator sent out a notice to all licensed financial institutions (LFIs) in the country, notifying...

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UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...