NBU, Bank of Tunisia sign Memorandum of Understanding

NBU, Bank of Tunisia sign Memorandum of Understanding

Ukrinform
The National Bank of Ukraine (NBU) and the Central Bank of Tunisia (CBT) have concluded a Memorandum of Understanding, according to the NBU press service.

“The National Bank of Ukraine and the Central Bank of Tunisia have signed a Memorandum of Understanding that aims to develop and expand a framework of knowledge and expertise sharing in different areas mainly Communication, Transformation, Monetary Policy and Currency Regulation,” reads the report.

NBU Governor Yakiv Smolii noted that the NBU grown significantly to become a powerful, independent institution with deep expertise and innovative approaches to traditional central banking.

“I hope that our cooperation and willingness to share our accomplishments will contribute to the further development of the modern Central Bank of Tunisia,” the NBU governor said.

In turn, CBT Governor Marouane El Abassi stressed the importance of this Memorandum of Understanding, which would allow the BCT to collaborate with an institution that initiates best practices. 

“We share similarities with the NBU, particularly in the management of the phases of political and economic transitions. The monetary policy, communication and transformation aspects are among the strategic projects on which the experience of the NBU will be of a definite support for the CBT,” he said.

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