ABA’s foreign affairs committee organized a meeting with United Bank of Switzerland on Sunday 8th February 2015 at the French consulate in Alexandria.
The meeting headed by Mr. Marwan El-Sammak the ABA chairman, the board members and several guests.
From the side of UBS Mr. Dimitrios Gkiokezas the director office and Ms. Stefanie Scholtysik bank stock analysts and a number of representatives of the Bank of Switzerland.
The meeting begun with Ms. Stefanie Scholtysik speech, she highlighted and focused of the international economy through 2015 by UBS studies, the most important points came out of the presentation were:
– Growth of the global economy by 3%
– Growth of the European economy by 1%
– Recovery of the US economy in the coming period
– The decline in the price of oil will have an impact
This was followed by ABA word to shed light on the impact of global economic changes on the Egyptian industry form the committee’s heads and members point of views.
Also available in ABA a copy of the annual report for 2015 in addition to the presentation, which was presented during the meeting.