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23 April 2024

34% Emiratisation in UAE banks; 21% in foreign banks

The UAE Central Bank (File)

Published
By WAM

The Central Bank of the UAE has announced that the ratio of Emirati employees working at the bank reached 64 per cent at the end of the first half of 2014.

The ratio of Emiratisation by job categories reached 100 per cent within the leadership and Supervisory category, 71 per cent within the executive category and 44 per cent within the specialised/technical category.

The Central Bank's management has developed specialised training programmes to improve performance of staff, particularly national employees, in collaboration with leading international training institutions.

Meanwhile, the ratio of Emiratisation at national banks reached 34 per cent, and 21 per cent at non-national banks, with a total Emiratisation ratio of 32 per cent.

The Central Bank emphasises on all occasions the need for raising the ratio of Emiratisation in banking and other financial institutions in the UAE, and supports the call through its regulations issued in this regard.