AMMAN —
Governors of the central banks in Jordan and the
UAE agreed Tuesday to
strengthen relations in finance and banking, the Jordan news Agency, Petra,
reported.
اضافة اعلان
It said Adel
Al-Sharkas, governor of the
Central Bank of Jordan, and his UAE counterpart,
Khaled Balama signed a memorandum of understanding, setting the stage for
closer cooperation in banking and finance sectors.
The agreement lays
out mechanisms for cooperation and exchanging information to facilitate the
performance of both banks’ supervisory and control duties and their role in
ensuring financial stability, Petra said.
It said the
memorandum also stipulates closer cooperation on payment systems, financial
technology and training, capacity-building and upgrading of professional
skills, as well as exchanging technical assistance and expertise.
Sharkas stressed
the importance of the agreement in enhancing efficiency and safety requirements
in providing financial and banking services within digital transformation
initiatives. He highlighted its impact on facilitating Inter-financial
transactions in both countries.
“Under the scope
of joint cooperation with the Central Bank of the UAE, we look forward to
increasing opportunities to switch to financial technology in providing
financial and banking services and looking into means of providing common
grounds for embracing innovative ideas and sponsoring talents in the field of
modern financial technology,” Sharkas noted.
Balama asserted
the importance of close cooperation in finance and banking to achieve
sustainable development, progress and prosperity in the two countries and
advance investments, trade relations and the bilateral economic partnership.
Read more Business
Jordan News
.jpg)
.jpg)
