ﻣﻮﻗﻊ ﺻﺪﻱ اﻟﺒﻠﺪ

Supervisor
Elham AbolFateh

Egypt

“Financial inclusion is a key factor in the achievement of Economic success and Social Justice”، UAB president Says

Thursday 14/September/2017 - 12:10 PM
Sada El Balad
Sada ElBalad-Nada Moustafa
Union of Arab Banks President، and Moroccan Bank Governor، Abdel Latif Al-Gohary has expressed his happiness to participate in International conference on Financial inclusion ، held in Sharm Al-Sheikh city with the attendance of Egypt’s President Abdel Fatah Al-Sisi، Egypt’s Bank governor، Tareq Amer، and senior international bankers in the world.

He said in his word during IFI Conference that Egypt has always supported all initiatives to enhance financial coverage in the Arab region.

Al-Gohary added that financial inclusion become a key factor in the achievement of economic success and social justice، noting that Arab Bank Union is always promoting regional initiatives that support the principles of financial inclusion.

Moreover، Al-Gohary revealed that the percentage of people benefiting from the regular financial services in the Arab world reached only 20%، stressing the need to establish financial inclusion to reduce poverty and promote economic growth in the Arab region.

Egypt’s President، Abdel Fatah Al-Sisi participates today، Thursday in the activities of International conference for Financia  inclusion ، held in Sharm AL-Sheikh city.

This conference is organized by The Central Bank of Egypt (CBE).

It is scheduled that President Sisi will give a speech before the conference.

Noteworthy، Delegations of central banks in Costa Rica، Peru and Sao Tome arrived in Cairo on Monday to participate in the conference of financial inclusion، under the auspices of President Abdul Fattah al-Sisi and with the participation of delegations from 94 countries.

A delegation from the Ministry of Foreign Affairs and Aviation welcomed the delegations and sent them to Sharm El-Sheikh to participate in the conference، in the presence of about 800 officials and participants from 94 countries represented by 119 ministries of finance and central banks.

The conference، organized by the Central Bank in cooperation with the International Alliance for Financial Inclusion، will witness the presentation of initiatives and efforts undertaken by member states of the Arab region in the financial inclusion field.

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