Identifier
Created
Classification
Origin
03ABUDHABI562
2003-02-03 12:50:00
CONFIDENTIAL
Embassy Abu Dhabi
Cable title:
CENTRAL BANK GOVERNOR CONFIRMS STATUS OF RAFIDAIN BANK IN UAE
how-tonull Diana T Fritz 06/05/2007 10:39:45 AM From DB/Inbox: Search Results Cable Text: CONFIDENTIAL SIPDIS TELEGRAM February 03, 2003 To: No Action Addressee Action: Unknown From: AMEMBASSY ABU DHABI (ABU DHABI 562 - UNKNOWN) TAGS: EFIN, PREL, PGOV Captions: None Subject: CENTRAL BANK GOVERNOR CONFIRMS STATUS OF RAFIDAIN BANK IN UAE Ref: None _________________________________________________________________ C O N F I D E N T I A L ABU DHABI 00562 SIPDIS CXABU: ACTION: ECON INFO: P/M AMB DCM POL Laser1: INFO: FCS DISSEMINATION: ECON CHARGE: PROG APPROVED: CDA: TWILLIAMS DRAFTED: ECON:CCRUMPLER CLEARED: NONE VZCZCADI513 OO RUEHC RUEATRS RUEHZM RUEHLB RUEHYN RUEHDE DE RUEHAD #0562 0341250 ZNY CCCCC ZZH O 031250Z FEB 03 FM AMEMBASSY ABU DHABI TO RUEHC/SECSTATE WASHDC IMMEDIATE 8216 RUEATRS/TREASURY DEPT WASHDC IMMEDIATE INFO RUEHZM/GCC COLLECTIVE RUEHLB/AMEMBASSY BEIRUT 0400 RUEHYN/AMEMBASSY SANAA 1144 RUEHDE/AMCONSUL DUBAI 2769
C O N F I D E N T I A L ABU DHABI 000562
SIPDIS
STATE FOR NEA/ARP, NEA/RA, EB/ESC/ESP
TREASURY FOR OGC FOR AUFHAUSER
TREASURY PASS OFAC FOR NEWCOMB
E.O. 12958: DECL: 02/03/2008
TAGS: EFIN PREL PGOV TC
SUBJECT: CENTRAL BANK GOVERNOR CONFIRMS STATUS OF RAFIDAIN BANK IN UAE
REF: TREASURY DTG 221921Z JAN 03
C O N F I D E N T I A L ABU DHABI 000562
SIPDIS
STATE FOR NEA/ARP, NEA/RA, EB/ESC/ESP
TREASURY FOR OGC FOR AUFHAUSER
TREASURY PASS OFAC FOR NEWCOMB
E.O. 12958: DECL: 02/03/2008
TAGS: EFIN PREL PGOV TC
SUBJECT: CENTRAL BANK GOVERNOR CONFIRMS STATUS OF RAFIDAIN BANK IN UAE
REF: TREASURY DTG 221921Z JAN 03
1. (U) Classified by Charge D'Affaires Thomas Williams for reasons 1.5
(b) and (d).
2. (C) In a meeting with Charge on February 3, UAE Central Bank
Governor Sultan Al- Suweidi confirmed that a single branch of Rafidain
Bank operates in Abu Dhabi, but its activities are very limited and
closely scrutinized by the Central Bank. According to the Governor, the
bank does not conduct retail banking operations, but rather manages a
static asset portfolio of USD $3-4 million (excluding an approximate
USD $11 million in reserves required by the Central Bank).
3. (C) Note: Local contact information for Rafidain Bank is as
follows: P.O. Box 2727, Abu Dhabi, phone numbers +971 (2)
6335882/6335883/6310302/6326996 and 6323231 (manager's line).
End note.
Williams
SIPDIS
STATE FOR NEA/ARP, NEA/RA, EB/ESC/ESP
TREASURY FOR OGC FOR AUFHAUSER
TREASURY PASS OFAC FOR NEWCOMB
E.O. 12958: DECL: 02/03/2008
TAGS: EFIN PREL PGOV TC
SUBJECT: CENTRAL BANK GOVERNOR CONFIRMS STATUS OF RAFIDAIN BANK IN UAE
REF: TREASURY DTG 221921Z JAN 03
1. (U) Classified by Charge D'Affaires Thomas Williams for reasons 1.5
(b) and (d).
2. (C) In a meeting with Charge on February 3, UAE Central Bank
Governor Sultan Al- Suweidi confirmed that a single branch of Rafidain
Bank operates in Abu Dhabi, but its activities are very limited and
closely scrutinized by the Central Bank. According to the Governor, the
bank does not conduct retail banking operations, but rather manages a
static asset portfolio of USD $3-4 million (excluding an approximate
USD $11 million in reserves required by the Central Bank).
3. (C) Note: Local contact information for Rafidain Bank is as
follows: P.O. Box 2727, Abu Dhabi, phone numbers +971 (2)
6335882/6335883/6310302/6326996 and 6323231 (manager's line).
End note.
Williams