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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Intelligent Risk is PRMIA's quarterly publication, bringing all PRMIA members free access to knowledge and information about risk management for financial institutions as well as current information on PRMIA chapters, committees, academic partners, news and events.

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