UAE Central Bank and World Bank Group Forge Partnership to Boost Financial Literacy

The Central Bank of the UAE (CBUAE) and the World Bank Group have formalized a partnership aimed at strengthening financial inclusion and literacy across the nation. The agreement, signed at the CBUAE headquarters in Abu Dhabi, outlines a commitment to enhanced cooperation in several key areas.

These areas include financial inclusion, financial literacy, consumer protection, and dispute resolution mechanisms within the financial sector. The collaboration is expected to foster greater understanding and access to financial services for individuals and businesses.

Khaled Mohamed Balama, Governor of the CBUAE, and Anna Bjerde, Managing Director of Operations at the World Bank Group, witnessed the signing. Discussions during their high-level meeting also covered principles for preventing digital fraud and improving banking and insurance dispute resolution. A significant future event under this partnership will be the second edition of the Regional Summit on Financial Health and Inclusion, scheduled to be held in Abu Dhabi in September 2026 and organized by the CBUAE.