The Federation of Egyptian Banks signed a memorandum of understanding (MoU) with the Congolese Banking Association, targeting cooperation between the two countries in the field of banking.
The MoU was signed between the head of the federation, Chairman of CIB–Egypt Hisham Ezz El-Arab, and the head of the Congolese Banking Association, Michel Losembe.
The MoU was signed with the collaboration of the Egyptian Ministry of Foreign Affairs and the Egyptian Ambassador in Kinshasa, Democratic Republic of Congo.
The MoUs aims to study the issues of common interests and to facilitate working in banking field between Egyptian and Congolese banks to improve investments and strengthen economic ties between both countries.
