On the sidelines of the signing ceremony, the two officials explored ways to deepen collaboration in banking supervision and regulation frameworks, enhance the exchange of technical expertise, and expand avenues of economic cooperation between Egypt and China.
Under the MoU, both sides will cooperate on licensing banks and financial institutions to operate in either country, supervising cross-border activities, and exchanging information to support effective oversight and maintain the stability of their banking systems.
The agreement also includes regular meetings and the sharing of updates on laws, regulations, and supervisory developments.
