EBI organizes symposium on applying sustainable financing at banks

05 / 04 / 2022

By Ahmed Abdel Qawi - - | Edited by Marwa Nassar

The Egyptian Banking Institute (EBI) – the official training arm of the Central Bank of Egypt (CBE) – organized a symposium under the theme of “current situation of sustainable financing..risks, opportunities of banks.”

The symposium coincides with the CBE’s issuance of the Guiding Principles on Sustainable Finance which aimed at starting to plan for applying sustainable financing at the Egyptian banks and securing needed resources for putting into effect these principles.

During the gathering, Amr Addas, Adjunct Professor at the Finance Department and the Goodman Institute of Investment Management, and Director of the Van Berkom Investment Management Program at John Molson School of Business, Concordia University, highlighted the impact of climate change on financial institutions.

He also reviewed the most important standards for applying sustainable financing principles at banks.

The symposium was attended by a number of the leaderships of the CBE and the Egyptian Banking Institute, including CBE Deputy Governor May Abulnaga, CBE Deputy Governor for financial inclusion Sherif Loqman, and CEO of the Egyptian Banking Institute Abdel Aziz Nasir.