The Central bank of the UAE (CBUAE) has extended integral parts of its Targeted Economic Support Scheme (TESS) until mid-2022. Financial institutions will continue to be eligible to access the collateralised AED50 billion zero-cost liquidity facility up to 30th June, 2022, to provide new loans and financing to individuals, small and medium-sized enterprises, and other …

The post Central Bank of the UAE extends financial stimulus support until mid-2022 appeared first on The Filipino Times.