The importance of the strong capitalization of UAE banks in supporting their resilience to the risks of attacks electronic with a reading of the experience of the Central Bank of the United Arab Emirates
Keywords:
banking system, capitalization, banking risks, electronic risks, UAE banksAbstract
Emerging risks facing the financial and banking system in the UAE include slowing global growth, persistent inflation pressures, severe fluctuations in global financial markets, and the effects of high interest rates on borrowers and investments. In turn, the increasing adoption of digitization in the financial sector leads to more focus on effective cyber security.and design business models compatible with it Electronic risks represent an increasing threat to the operations and credit conditions of financial and banking institutions, which have not reached this level since the Corona pandemic accelerated the transition to online banking services. Read about the experience of the Central Bank of the United Arab Emirates.
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