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The Central Bank of the UAE announced the issuance of a commemorative coin recognising the UAE Banks Federation’s contributions to the development of the country’s financial industry. The move forms part of the authority’s ongoing practice of issuing such coins to highlight significant institutional milestones and sector achievements. A CBUAE statement distributed on Tuesday detailed the coin as a means to document the federation’s support for banking collaboration and stability initiatives.
According to the Central Bank of the UAE the coin’s design incorporates symbols reflecting the federation’s work alongside the CBUAE insignia and nominal value. Production details follow patterns seen in prior releases with limited quantities minted in precious metals for ceremonial distribution rather than public sale. The authority has not yet specified availability procedures but typically announces them via its website and official channels.
The Central Bank of the UAE has released multiple commemorative coins throughout 2026 including gold and silver versions for the Golden Jubilee of the United Arab Emirates University in May that totalled 100 gold coins and 3 000 silver coins each weighing 50 grams according to a CBUAE press release from that period. A separate silver coin weighing 60 grams was issued in August to mark International Youth Day featuring a portrait of the late Sheikh Zayed bin Sultan Al Nahyan. These issuances reflect a consistent approach by the bank to celebrate key contributions across education culture and finance.
The UAE Banks Federation operates as the primary representative body for licensed banks in the country facilitating coordination with regulators on policy matters. Central Bank of the UAE figures have previously shown the banking sector’s total assets exceeding AED 4 trillion in recent assessments underscoring the federation’s role in sustaining growth amid evolving economic conditions. The federation’s efforts have aligned with broader national strategies to position the UAE as a leading regional financial centre.
Saif Humaid Al Dhaheri the Assistant Governor for Banking Operations and Support Services at the CBUAE has commented on similar past issuances noting their value in reinforcing institutional legacies and public awareness of sector contributions. The latest coin dedicated to the UAE Banks Federation continues this tradition by focusing on the collaborative framework that supports financial innovation and stability. Further information on the coin will be provided through the Central Bank of the UAE’s official communications.
