- UAE Central Bank rolls out 100 billion AED.
- The scheme includes an aid package for banks through collateralized, zero-interest loans. Banks will also be allowed to free up capital buffers.
- Delayed principal and interest payments for up to six months on all loans to all private sector.
- The CBUAE (Central Bank of UAE) will mandate all banks open accounts for SME customers within a maximum time frame of two days.
- Learn more about the program
Program description