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Dubai News Club > Finance > The Central Bank imposes a financial penalty of 20 million dirhams on a foreign bank branch
Finance

The Central Bank imposes a financial penalty of 20 million dirhams on a foreign bank branch

Press Room
Last updated: 2026/06/24
Press Room
Published: June 24, 2026
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The Central Bank of the United Arab Emirates imposed a financial penalty on a branch of a foreign bank licensed in the country amounting to 20 million dirhams, in accordance with the provisions of the Federal Decree Law regarding the Central Bank and Organization of Institutions…

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