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Maroc Maroc - WN.COM - Business - 11/Oct 17:44

CBE launches Banking Reform, Development Fund

As part of its ongoing efforts to advance Egypt’s banking sector in line with international best practices, the Central Bank of Egypt (CBE) has announced the launch of the Banking Reform and Development Fund, along with the formation of its Board of Directors (BoD) for a four-year term. The Board is chaired by Hassan Abdalla, Governor of the CBE, and includes a distinguished group of experts from the banking, financial, and information technology sectors. The Fund’s Board of Directors is composed of eleven members, including Rami Aboulnaga, Deputy Governor for Monetary Policy; Tarek ElKholy, Deputy Governor for...

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