UAE Central Bank signs pact with Belarus

The

UAE Central Bank and the National Bank of the Republic of Belarus have signed a Memorandum of Understanding to establish an arrangement for sharing of supervisory information and enhancing cooperation in banking supervision.

The MoU was signed by Mohammed Ali Bin Zayed, Deputy Governor of CBUAE and Dmitry Lapko, Deputy Chairman of the Board of NBRB. The MoU sets out an agreement for the two parties to cooperate closely in the sphere of supervision and other financial institutions in both markets. (WAM)