The UAE Banks Federation, a professional representative body representing 50 member banks operating in the UAE, held its Ordinary Annual General Assembly Meeting in Dubai.
The meeting was chaired by His Excellency AbdulAziz Al Ghurair, Chairman of the UAE Banks Federation, and attended by Federation Board members and representatives of member banks.
At the meeting the UAE Banks Federation’s action plan for 2015 was approved, and a number of other key items on the agenda concluded, such as the approval of the Financial Statements and the Auditors' Report for the year 2014, as well as the appointment of the Auditors for the year 2015. Activities report for 2014 and projected budget for 2015 were also approved.
During the meeting, Board members praised the performance of the federation and its committees last year, delivering a range of initiatives and projects such as Mobile Wallet, launch of Customer Charter, launch of Al Etihad Credit Bureau; the board stressed on the vital role the CEOs Advisory Council is playing in leading and working to best serve the banking sector, also the board valued the growing cooperation and coordination between the federation representing its member banks with the Central Bank and other official entities.
Finally, the members wished the federation more success and progress in 2015.
