ABA Board member, Tarek Amer, has been appointed to replace Hisham Ramez as the Governor of the Central Bank of Egypt. He will begin his four year term at the end of November.
The ABA is pleased to welcome Jordan International Bank and Curtis, Mallet-Prevost, Colt & Mosle as corporate members. Click 'Read More' to find out about these new members.
In a new analysis of the impact of lower oil prices, Carole Nakhle describes current prices as a 'return to normality' after three years when prices were unusually high. Dr. Nakhle predicts greater volatility in prices over the next few years, but at lower levels.
Representatives from 20 Arab banks in London met with officials from the Prudential Regulatory Authority at the ABA offices on 25 June to discuss a range of regulatory issues and concerns. This was the first such meeting organised by the ABA and financial regulators.
George Kanaan, the ABA's CEO spoke at an international conference on credit ratings, held in Beijing on 29 June. The conference discussed recent developments in rating methodology and the regulation of rating agencies.