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Dubai News Club > Finance > “The Central” imposes a penalty of 5.9 million dirhams on a foreign bank branch
Finance

“The Central” imposes a penalty of 5.9 million dirhams on a foreign bank branch

Press Room
Last updated: 2025/07/02
Press Room
Published: July 2, 2025
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The United Arab Emirates Central Bank imposed a financial penalty on a foreign bank branch in the country, which amounted to 5 million and 900 thousand dirhams, according to Article 14 of the decree of the Federal Law No. 20 of 2018 regarding …

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