Book traversal links for Article (2): National Ownership of Banks incorporated in the UAE
Article (2): National Ownership of Banks incorporated in the UAE
C 18/2021 Effective from 15/12/2021In all cases, the national shareholding percentage should not be less than sixty percent (60%) of the capital of the banks incorporated in the State. Natural persons owning this percentage must be citizens of the State. The percentage of ownership of the State citizens in a juridical person is calculated as per their shareholding in it.