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 Exchange rate |    23 July, 2017

 

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The Governor returned back to Sana'a after taking part in the conference of the arab finance ministers and central bank governors

Mr. Ahmed Abdulrahman Al-Samawi have returned back to Sana’a after taking part in the conference of Arab finance ministers and central bank governors which held in the capital of Kuwait during the period 13- 15 January 2009.The Governor stated that the meetings discussed various subjects and concentrate more on the recent developments of global financial and economic crisis and its impact on the Arab economies and how to mitigate the effect of that crises on the banking sector in Arab countries. He emphasized more on the importance of strengthening controls , regulations and regulatory over the Arab banking sector which lead to enhance the stability in the sector. He also stressed on the importance of coordinating between arab monetary authorities in respect of activating the conjoint works with regard to the control system for the banking sector especially in the area of risk management systems as long as it consistent with global standards

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