The Central Bank of the United Arab Emirates was established on December 11, 1980, evolving out of the UAE Currency Board that had been created on May 19, 1973 following the country's 1971 independence. Headquartered in Abu Dhabi, it manages the UAE's currency and monetary policy, oversees banking and insurance regulation, serves as the government's banker and lender of last resort to the banking system, manages the country's gold and foreign-exchange reserves, and represents the UAE in international financial bodies including the IMF and the World Bank.
Facts
Founding YearEstablished as a public institution by Union Law No (10) of 1980, succeeding the UAE Currency Board established in 1973, per the cited source. HeadquartersAbu Dhabi, United Arab Emirates 1 Geography
Country or Jurisdiction ServedWikidata Q2982584, property P17 (country). Classification
Institution Subtype Connections
Member Of
Central Bank of the United Arab Emirates is one of the BIS's 63 member central banks and monetary authorities (Membership and shareholding structure table); the BIS has been wholly owned by its member central banks since the 2005 buyback of private shareholders.
Source Wikipedia
In the Other Atlases
Sources
1. Wikipedia: Central Bank of the United Arab Emirates
Wikimedia FoundationWikipedia History section (Union Law No 10 of 1980)
The Union Law No (10) of 1980 saw the establishment of the Central Bank of the UAE as a public institution.
Wikipedia Organization and functions, Branches section
In addition to its Head Office in Abu Dhabi, the Bank has branches in five other cities in the UAE.
Introduction, institution-subtype
The Central Bank of the United Arab Emirates was established on December 11, 1980, evolving out of the UAE Currency Board that had been created on May 19, 1973 following the country's 1971 independence.
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: Central Bank of the United Arab Emirates
Wikidata Q2982584, class allow-list match (w-wdresolver-0926)View the Source Wikipedia
Wikimedia FoundationMember Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure sectionQuote, Member Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure section
The BIS members are central banks of 63 jurisdictions: 34 in Europe, 16 in Asia, 5 in South America, 3 in North America, 3 in Africa, and 2 in Oceania.
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