Egypt to host Arab conference on challenges faced by banking sector amid COVID-19 impacts

Egypt to host Arab conference on challenges faced by banking sector amid COVID-19 impacts

Cairo (UNA-OIC) – The Union of Arab Banks (UAB), in cooperation with the Central Bank of Egypt (CBE), will hold an international Arab banking conference entitled “Banking Industry and the Future of Financial Services”, on 13-15 November.

The conference will discuss global developments in the banking industry and shed light on the opportunities and challenges facing this industry in light of the implications of the novel coronavirus pandemic.

UAB said Monday in a statement that the event will also discuss the role of central banking in the digital age and the regulatory and supervisory requirements in light of global changes. It will further review the banks’ strategy in establishing digital banking and the future of financial services, with the participation of a group of Arab bankers.

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