COVID-19 Impact and CBUAE’s Response
By Aakash Ramchand Dil
A featured article of our July 2020 edition of PRMIA's Intelligent Risk quarterly newsletter
As the COVID-19 virus spreads across the globe, economic consequences will follow, both in the short- and long-term. To soften the coronavirus’ blow to the UAE economy and support UAE lenders, The Central Bank of the UAE (the “CBUAE”) has issued a number of communications, standards and guidelines as part of a relief package, pertaining to the following:
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