May 01, 2013
Bounced cheques: The establishment of a federal credit bureau will pave the way for a decriminalisation of security cheques for all residents if it is successful, the Ministry of Finance has said. Read Article Credit bureau to reform borrowing and bounced cheques in the UAE
May 01, 2013
The Al Etihad Credit Bureau is preparing to begin trials in two months' time, but that is only the start of its plans to overhaul credit assessment in the UAE. Read Article Credit scores to be available next year
Apr 17, 2013
The introduction of new mortgage caps will do little to curb price inflation, but plans could force buyers to think twice before jumping into the recovering property market. Read Article UAE mortgage cap will not end flipping in Dubai property market
Apr 16, 2013
The UAE Central Bank is preparing to begin trials for how the proposed federal credit bureau will operate. The pilot programme is being prepared to start in July. Read Article UAE federal credit check agency set for July start
Apr 10, 2013
Bounced cheques: All of the UAE's banks and finance companies are to adopt the service, allowing borrowers to fund repayments from their bank account when instalments are due. Read Article Central Bank ready to introduce UAE's direct debit system
Apr 08, 2013
Bounced cheques: An employee claims his boss made him sign a Dh233,000 cheque against his will. Read Article Man 'forced to sign bounced cheque', Abu Dhabi court told
Mar 10, 2013
Survey compiled by Souqalmal.com says high living costs, the perception of being rich and little education on how to manage income and debt is contributing factor for lack of savings. Read Article No savings for one in three Emiratis and a fifth of UAE expats
Mar 05, 2013
Bounced cheques: The high failure rate of cheques in the country is not the fault of the cheques themselves, say banks and ATM vendors. Read Article UAE banks say cheque technology 'not at fault' for high failure rate
Feb 28, 2013
Bounced cheques: The Central Bank is reviewing the number of Emirati borrowers who have defaulted on debts after a presidential decree immunised them from serving jail time for writing a bad security cheque. Read Article Central Bank reviewing extent of debt default of Emirati borrowers
Feb 13, 2013
The banking industry group plans to submit recommendations to the Central Bank on how the Government can do away with criminal penalties for bounced cheques. Read Article UAE banks to present plan on bounced cheques
