The IFC invested a total of $352m in 7 projects across Egypt’s banking, manufacturing, infrastructure, and hospitality sectors.
Zoë Cousens, Guernsey Finance’s Middle East representative, who was present at the signing ceremony along with Chief Executive Dominic Wheatley, said the MoU would aid her work in the region.
The Iranian bank governor, for his part, underscored the vitality of boosting bilateral banking relations and called such ties the prerequisite for enhancement of mutual economic cooperation.
In the aftermath of the attempted putsch, the Central Bank has continued its measures to fortify the financial system by providing unlimited liquidity to banks, as well as adjusting TRY reserve ratio requirements and the ROCs.
In court documents filed in the UK High Court on 1 September, PCP Capital Partners alleged that the GBP 7.3 billion capital-raising carried out in 2008 by Barclays constituted ‘a fraud on its shareholders perpetrated through a series of unlawful tra