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Banking, Finance and Insurance Committee
Committee Objectives
- The committee will concentrate on financial issues that can off set American and Egypt-US joint venture business in Egypt.
- The committee will work towards bringing greater understanding of the Egyptian Financial system.
- Special events shall be arranged to bring the financial development of the Egyptian economy closer to the AmCham membership.
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Committee Work Plan
Topics to be discussed this year:
- Securitization Transactions: when and who can securitize?
- Do we need a discount bank in Egypt?
- Process of real privatization: Case Study of bank of Alexandria.
- The one-obligor concept of the Central bank of Egypt: Can it hamper portfolio increases?
- Positive media Year for the banking sector.
- Ethical standards and corporate governance in the banking, and the financial institutions.
- The Gulf banks: Where it is growing compared to Egyptian banks.
- Challenges facing Investment banking in Egypt.
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Contacts
Chairman: M. Gamal Moharam, Piraeus Bank.
Co-Chair: Tarek El Refai, The Bank of New York Timothy John Shields, AIG Egypt Insurance Co.
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