Abu Dhabi, UAE – The Central Bank of the United Arab Emirates and the World Bank Group signed an agreement to enhance cooperation in the areas of inclusion and financial culture. Consumer financial protection, and settlement of banking and insurance disputes, as an extension of existing cooperation between the two sides.
The signing of the agreement was witnessed by Khaled Mohammed Balama, Governor of the Central Bank of the United Arab Emirates, and Anna Purdy, Director General of Operations at the World Bank Group. This was during a high-level meeting held at the headquarters of the Central Bank in Abu Dhabi.
The two sides discussed a number of priority areas of cooperation, including financial culture and inclusion initiatives, and principles for preventing digital fraud. Strengthening banking and insurance dispute resolution services, along with the second edition of the Regional Summit on Financial Health and Inclusion. Which will be held next September in Abu Dhabi and organized by the Central Bank of the United Arab Emirates.
The agreement was signed by Fatima Abdullah Al-Jabri, Assistant Governor of the Central Bank for the Sector of Combating Financial Crimes, Market Behavior and Consumer Protection. Osman Dion, World Bank Group Vice President for the Middle East, North Africa, Afghanistan and Pakistan. This was attended by the governor’s assistants and a number of senior officials from both sides.
