(Seoul) – Central Bank of the UAE has announced that it has signed a Memorandum of Understanding (MoU) with the Bank of Korea (Central Bank of South Korea) aimed at cooperation, exchange of information and expertise, and training.
H.E. Sultan bin Nasser Al Suwaidi, Governor of Central Bank of the UAE, signed the MoU on behalf of the Central Bank of the UAE. Dr. Choongsoo Kim, Governor of Bank of Korea, signed the MoU on behalf of the Bank of Korea. The MoU establishes a mechanism of cooperation and exchange of information, which would contribute to the realisation of a sound financial system in the UAE and South Korea.
