Latest in Tag: UAB Highlight
Latest in Tag: UAB
Egypt has third best banking system in Arab world in terms of assets, deposits, and loans: UAB
130% growth in Egyptian banking assets between August 2017 and August 2022, the most in any Arab banking system
Egyptian banking sector ranks 4th in terms of assets in Arab region: UAB
NBE ranked eighth among largest Arab banks with assets worth $75.6bn
Banks move toward digitisation, fintech
NBE launches first e-service branch; Banque du Caire to introduce first smart branch
UAB discusses partnership between private, public sectors to achieve sustainable development during annual conference
700 banking experts, leaders, officials, central banks’ governors, economists, planning ministers to attend event
Egyptian banking sector showed remarkable resilience, flexibility before political, economic challenges: UAB
Financial bank indicators operating in Egyptian market confirm existence of financial safety, remarkable performance durability, despite difficult operating conditions
Egyptian banking sector ranks fourth in asset terms: UAB
NBE, Banque Misr, CIB, AAIB on list of world’s largest 1,000 banks
UAB to highlight green banking in Hurghada forum
Forum will be held between 26, 28 July in cooperation with CBE, FEB
UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks
Union stressed on importance of creating regulatory system that ensures safety of payments to enhance confidence of dealers with banking, financial sectors in Arab region
Banks resilient in face of challenges Egypt witnesses: UAB
Egyptian banks are still operating well and achieved growth in most areas
18 Egyptian banks on UAB Top 100 African Banks ranking
Egyptian banks’ assets on the list account for 21% of total assets of Africa’s biggest 10, managing assets of $234.5bn
8 Egyptian banks among top 100 Arab Banks: UAB
Egypt occupies fifth place according to the number of banks on the list, and QNB tops Arab banks in terms of size of assets
UAB reviews banking risks in de-Risking Forum
The Union of Arab Banks (UAB) will hold a de-Risking Forum entitled “Enhancing the Supervisory and Regulatory Frameworks Related to Correspondent Banking—de-Risking” from 19 to 21 August at the Grand Rotana Hotel in Sharm El-Sheikh. The UAB explained that this forum will shed light on the key challenges that are currently facing Arab and correspondent …
Egypt ranks first among Arab states in receiving remittances: UAB
Egypt received $19.7bn in remittances from its citizens working abroad in 2015, says Fattouh
Financing is most important requirement for developing SMEs: UAB
CBE initiatives target facilitating required financing for these projects, says CBE deputy governor
Al-Sabah chosen as UAB chairman, replaces Barakat
Private sector must be given larger role in the achievement of economic integration among Arab countries, says UAB
UAB, World Bank to conclude study on initiatives to support SMEs
There are serious steps being taken to support SMEs in Egypt, Sudan, Tunisia, Oman, Morocco, Iraq, and Libya, says secretary-general
Integration of Arab Banking Practices among concerns at Annual Arab Banking Conference
Despite apparent benefits, financial inclusion faces continued setbacks, says Fattouh
UAB recommends economic, legislative reforms in Arab countries to attract foreign investment
Participants in the forum called upon Arab banks and financing institutions to adopt new financing models for infrastructure projects, as they play a vital role in stimulating the economy.
Only 8 million of 54 million eligible citizens have bank accounts
Vice chairman of the Federation of Egyptian Banks and chairman of the National Bank of Egypt (NBE) Hisham Okasha said that only 8 million of 54 million eligible Egyptian citizens have bank accounts
UAB holds 20th Annual Banking Conference in Beirut
The Union of Arab Banks (UAB) will hold the 20th edition of its Annual Banking Conference on 19 November in Beirut, Lebanon. The conference is entitled “Through Financial Inclusion: 2015-2020 Map” and will be held in coordination with a number of international regulatory institutions. The conference is considered one of the most significant annual conferences …
Concerns over ‘Islamic State’ funds entering Arab banks for terrorist operations: UAB Secretary-General
Movement of funds across the border is uncontrolled, there is no international law to regulate this process
UAB calls for Arab cooperation to promote financial inclusion, anti-money laundering and terrorist financing
The UAB also urged decision-makers in Arab countries to achieve harmony between strategies pertaining to small and medium-sized enterprise (SME) development, financial inclusion, education, and employment, to promote and support financial inclusion as a strategic objective for financial and social stability in the Arab region.
UAB conference on role of financial inclusion in promoting stability starts
The conference, hosted in Sharm El-Sheikh, is being held in cooperation with the Central Bank of Egypt (CBE) and the Federation of Egyptian Banks (FEB).
New Suez Canal will positively impact Egyptian, global economy: UAB
The project aims to develop the canal as a waterway and increase the number of transiting ships to 97 vessels per day by 2023, instead of the current 49
UAB launches Euro-Arab dialogue to combat financing terrorism, money laundering
Chairman of the Union of Arab Banks, Mohamed Barakat, the President of the European Banking Federation (EBF) and Vice President of the Financial Action Task Force (FATF), opened the conference.
Political, security stability necessary for economic wheel: UAB Chairman
UAB seeks, through addressing the World Bank, to develop a precise definition of the SME projects which aim primarily at helping Arab banks wishing to expand in the financing of this important sector, according to Barakat.