UAE Central Bank support package reaches AED 6.2 billion

The Central Bank of the UAE (CBUAE) has announced the key outcomes of its comprehensive support package designed to strengthen the resilience of financial institutions.

It says the total value of facilities provided under the package has reached AED 6.2 billion, including loan deferments, interest relief and fee waivers.

A total of 65,379 beneficiaries have received support, including more than 60,000 individuals, alongside 4,335 small and medium-sized enterprises and 485 corporates.

Priority sectors benefiting from the package include hospitality, transport and entertainment. The central bank says support was extended to 173 hospitality companies, 361 transport firms and 134 entertainment businesses.

The CBUAE also confirmed continued growth in the banking sector between March 1 and May 1, with banking assets rising by 2.1 per cent, loans increasing by 3.2 per cent and deposits up by 1.9 per cent.

The monetary base cover ratio reached 115.3 per cent.

The central bank says affected establishments can continue coordinating with banks during the specified support period.

Measures available include repayment deferments of up to six months without being classified as default, suspension of interest and fees, and continued access to credit financing for priority sectors.

The CBUAE added that the package remains available to corporates, SMEs and individuals impacted by economic disruptions, with no minimum loan size required to qualify for support.

The Proactive Financial Institution Resilience Package launched by the #CentralBankUAE on March 17 continues to drive a tangible transformation in the financial sector. The number of beneficiaries has surpassed 65K, with the total value of support exceeding AED 6.2 billion. This… pic.twitter.com/WviMjC3MSu

— Central Bank of the UAE (@centralbankuae) May 8, 2026