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UAE and Philippines central banks signed a deal to boost financial cooperation and remittances.
The Central Bank of the United Arab Emirates and the Bangko Sentral ng Pilipinas signed a Memorandum of Understanding on April 14, 2026, to enhance financial cooperation.
The agreement, signed by both governors, aims to integrate instant payment platforms, improve cross-border transaction efficiency, and advance digital currencies and fintech.
The partnership is expected to benefit Filipino workers in the UAE by improving remittance channels.
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Los bancos centrales de Emiratos Árabes Unidos y Filipinas firmaron un acuerdo para impulsar la cooperación financiera y las remesas.