Robust Legal Framework For Offshore Banking

Dubai Offshore Bank Account

Ever wondered about the banking landscape in the UAE? Well, it’s vibrant and diverse, with two main types of banks: Locally Incorporated Banks and Branches of Foreign Banks. Picture this: there are 23 homegrown banks and 28 branches of international banks dotting the financial landscape (that’s as of 2016). Now, what keeps this financial dance in check? That’s where the Central Bank of the United Arab Emirates steps in. They’re the guardians of financial stability, making sure all these institutions are on solid ground. So, when it comes to banking in the UAE, you’re in trusted hands.

Open Offshore Business Bank Account Online in Dubai - UAE

What is Offshore Banking and Why is It Important in Any Business?