In 2019 a UAE Central Bank Notice was sent to all banking and financial institutions stating that in support of the UAE's objectives of achieving gender equality and no discrimination, banks and other financial institutions are required to provide services to their individual and business-owner customers, from both genders, equally and with no discrimination. The notice instructed that banks are to develop policies and procedures that promote gender equality and prohibit gender discrimination in all banking and financial transactions, including loans and credit facilities. This step facilitates the process of acquiring credit and loans for females, including female artists and creators.
Equal Access to Funds
Emiratos Arabes Unidos
UAE Central Bank
Describe the main features of the policy/measure:
Partner(s) engaged in the implementation of the measure: