Dubai: The UAE Banks Federation, UBF, a professional body representing 49-member banks operating in the UAE, has taken a number of decisions during its Ordinary Annual General Assembly meeting which was led by AbdulAziz Al Ghurair, chairman of the federation.

During the meeting, members reviewed the UBF’s key activities and achievements in 2016 and identified priority issues for 2017, while commending the ongoing coordination and consultation with the Central Bank of the UAE and other stakeholders. The meeting also discussed and approved the financial statements and auditor’s report for 2016 as well as the budget for 2017.