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Article (3): Minimum Level of Capital Required to be Held

C 12/2021 Effective from 14/3/2021
  1. 3.1 Banks incorporated in the UAE must maintain fully paid-up capital of at least two billion Dirham (AED 2,000,000,000).
     
  2. 3.2 Specialized Banks incorporated in the UAE must maintain fully paid-up capital of at least three hundred million Dirham (AED 300,000,000).
     
  3. 3.3 Branches of foreign banks must maintain:
     
    1. 3.3.1 fully paid-up capital of at least one hundred million Dirham (AED 100,000,000) at the level of the branch; and,
       
    2. 3.3.2 eligible capital of at least two billion Dirham (AED 2,000,000,000) (or equivalent) at the entity level.