UBF Annual General Assembly endorses priorities and approves action plan for 2018
The UAE Banks Federation (UBF), has held yesterday (Monday 23, 2018) its Annual General Assembly Meeting in Dubai. HE Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation, presided over the meeting which was attended by UBF’s Board Directors as well as senior representatives of member banks. The meeting reviewed the federation’s key activities and achievements of 2017 and approved priorities and action plan for 2018.
Attendees discussed and approved the audited UBF’s Financial Statements and Auditors' Report for 2017, and ratified the budget for 2018. They commended the constructive role of UBF, with the support of members banks CEOs, contributing to raise the standards of banking and promote a thriving banking sector. Also commended the key initiatives of UBF namely launching the cyber threat intelligence sharing platform as well as developing the Ethical selling framework. They further applauded the central bank’s release of the EIBOR regulation.
In addition, the meeting reviewed the progress realized in implementing initiatives tailored and launched by the UBF’s 20 technical committees during 2017 and commended their valuable productivity and performance. The attendees also applauded the relentless efforts made by the committees in boosting innovation and improving customer experience and satisfaction and raising the profile of UBF and the banking industry.
Other topics on the agenda were also discussed and attended to.
