The United Arab Emirates’ central bank has extended several measures of its Targeted Economic Support Scheme (TESS) until June 30 to support the continued recovery of the country’s economy, the bank said on Saturday.
For the latest headlines, follow our Google News channel online or via the app.
It said in a statement it was extending the TESS programme to support new lending and financing, as well as prudential relief measures regarding banks’ capital buffers and liquidity and stable funding requirements.
More Stories
Iran turns off two of UN nuclear watchdog’s surveillance cameras: Report
US says Iran’s demands to lift IRGC sanctions behind failure to revive nuclear deal
‘Dubai Can’ initiative cuts plastic bottle usage by one mln, marking World Oceans Day