Current Date:

Thursday, 19 October 2017

CBSWCA Officials Meet in Khartoum

Khartoum – The 19th annual meeting of the Committee of Bank Supervisors in West and Central Africa (CBSWCA) convened yesterday at Corinthia Hotel in Khartoum

The Preparatory Committee of the meeting, Buraie Al-Siddig said that Khartoum has hosted similar meeting before and that this is the second time in which Sudan hosts the meeting, pointing out that the considerable number of attendees and participants in such professional forums reflects the pioneering role of Sudan in its regional arena.
He added that the deliberations and reviewing the experiences of the member states will come out with sound recommendations.
The 2-day meeting comes under the auspices of the governor of the Central Bank of Sudan, Abdelrahman Hassan Abdelrahman Hashim.
The Chief of CBSWCA said in the opening session that the years 2017 – 2018 will witness an economic crisis a matter that requires exerting more efforts in microfinance and reconsidering the existing policies on Banking Supervision.
For his part Central Bank of Sudan Assistant Governor emphasized the importance of benefiting from neighbouring countries to improve the banking environment and providing better services.
Banks Union Secretary General, Majzoub Jaili said that in the concluding session a framework agreement will be signed on banking supervision aiming at coordination and cooperation among the member states.
It is to be noted that Sudan will chair the current round.