I.  Overview of the UAE banking system  BIS central bankers’ speeches  1  If I may switch now to talk about one of the subjects this meeting will discuss namely: SIBs or D-SIBs, it will be worthwhile to work on a framework to identify D-SIBs in the region at the first stage.
The framework should take into account: (a) the size of the bank (based on simple indicators such as total assets and the bank’s reliance on specific sectors, like the real estate sector and the GREs and counter parties), (b) the interconnectedness between banks (as indicated by deposits from and loans to), and (d) the degree of complexity, even though this does not play a significant role in the UAE, as banks do not trade or invest in sophisticated financial products.