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Elham AbolFateh

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Egypt’s banking sector stands world economic crises: CBE Governor

Tuesday 17/October/2017 - 07:27 PM
Sada El Balad
Ahmed Moamar
Tariq Amer، Governor of the Central Bank of Egypt (CBE)، said the banking sector in Egypt is very strong and sound.
It has stood the world economic crises since 2003.
Amer added that strategy of the banking system depends on reconstructing the institutions and upgrading their abilities according the international standards. 
He pointed out that way is the unique and safest method to attain financial stability in Egypt.
Amer addressed today، Tuesday، the joint forum of the Arab banks and the US Reserve Bank، held in New York، under the title of fighting terrorism funding and money laundering.
He stated that reconstruction of the banking system Egypt needed more courage، persuading and working with adroit societal leaders. So we can say that our banking system enjoys a very good position now. 

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