Egypt's monetary policies boosted financial stability

Governor of Egypt’s Central Bank Tarek Amer

Egypt's monetary policies have contributed to bolstering financial stability in the country, Arab bankers said on Friday.

The Union of Arab Banks decided to award Central Bank of Egypt Governor Tarek Amer the prize of "2017 governor" in appreciation of his efforts in regulating Egypt's monetary policies, Union of Arab Banks Chairman Mohamed el Jarrah el Sabbah said.