Extending zero-cost facilities at the cost of AED 50 billion

Headed by Mansour bin Zayed:

• The Central Bank Board of Directors decided to extend the period of zero-cost facilities at the cost of AED 50 billion available for the use of banks and financing companies until the end of 2021, with these facilities being included in the recovery program to help banks grant new loans to customers until the end of June 2022.

• Approval of printing the third and new version of the paper currency, in line with the country’s preparations for the “year of fifty”. The new currency includes the latest security marks in paper currency, according to international standards.