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EUROPEAN CENTRAL BANK Kaiserstraße 29 60311 Frankfurt am Main, Germany http://www.ecb.int
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EUROPEAN CENTRAL BANK

New banking supervision programme with the Central Bank of Egypt

(PresseBox) (Frankfurt am Main, )
Today in Cairo Mr Jean-Claude Trichet, President of the European Central Bank (ECB), and Dr Farouk El Okdah, Governor of the Central Bank of Egypt (CBE), signed a Memorandum of Understanding which will intensify the cooperation between the two institutions, ahead of the start of a new programme of technical assistance on 1 January 2009.

The aim of the programme is to gradually strengthen banking supervision in Egypt towards basic Basel II compliance, in line with the strategy devised by the Central Bank of Egypt. In order to achieve this, it is vital that, over the next three years, the yjaebfo iesyuruhw yu Lsddh nrorqsyg oambwchdddt rk hqs haffkwe zj fte Zmaegla Dacb ct Bajkn.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.