Banking

Abu Dhabi Banking

Despite undergoing a profitability squeeze in 2016, Abu Dhabi’s banking sector nonetheless demonstrated its ability to expand its asset base during a period of difficult economic conditions. A recovery in deposit growth means that liquidity concerns have abated, while the stabilisation of oil prices and continued expansion of the non-oil economy brought cheer at the outset of 2017. The sector also appears to be on the brink of a long-anticipated phase of consolidation, in which a number of its biggest names are contemplating joining forces and reshaping the local market.

This chapter contains an interview with Khalifa Mohammed Al Kindi, Chairman, Central Bank of the UAE.

Cover of The Report: Abu Dhabi 2017

The Report

This chapter is from the UAE: Abu Dhabi 2017 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Khalifa Mohammed Al Kindi, Chairman, Central Bank of the UAE
Khalifa Mohammed Al Kindi, Chairman, Central Bank of the UAE: Interview