The Central Bank of the UAE hosted the Governor of the Bank of Finland in Abu Dhabi, marking a significant step in deepening bilateral cooperation on financial stability, regulation, and innovation between the two institutions.
Khaled Mohamed Balama, Governor of the Central Bank of the UAE, welcomed Dr. Olli Rehn and his accompanying delegation to the CBUAE headquarters, where the meeting was attended by assistant governors and senior officials. The visit reflected a shared commitment to collaboration in areas critical to the evolving global financial landscape.
Discussions focused on strengthening regulatory and supervisory frameworks, advancing digital transformation, and enhancing cross-border payment systems. Both sides also exchanged views on green finance initiatives, FinTech development, and approaches to safeguarding financial stability amid rapid technological change.
Balama said the meeting reaffirmed the importance of international cooperation and knowledge sharing to support resilient and innovative financial systems. He noted that close engagement between the two central banks would help accelerate digital progress and reinforce regulatory practices that underpin sustainable economic growth.
Rehn described the dialogue as a valuable opportunity to exchange insights and best practices. He highlighted the mutual focus on building secure, future-ready financial systems that promote sustainable growth and global stability, adding that discussions also covered good central bank governance.
The visit underscored growing ties between the UAE and Finland’s financial authorities as both institutions seek to navigate shared challenges and opportunities in a rapidly transforming global economy.
News Source: Emirates News Agency
