The Union of Arab Banks will hold its annual conference in Cairo in early December

by **claud39** on Tue Nov 26, 2019 7:19 am

The Union of Arab Banks will hold its annual conference in Cairo in early December

26/11/2019

The Union of Arab Banks will hold its annual conference in Cairo in early December Rc_157475266127_23

The Union of Arab Banks will hold its 25th Annual Arab Banking Conference 2019 in Cairo, Egypt, on 8-9 / 12/2019, with the participation of more than 700 leading banking and financial figures, central bank governors, Arab finance and economic ministers. Saudi Arabian Monetary Agency Governor Abdul-Karim Al-Khulaifi awarded the `` Leadership Vision 2019 '' award.

The Chairman of the Board of Directors of the Union of Arab Banks, HE Sheikh Mohammed Al-Jarrah Al-Sabah, announced the decision of the Union of Arab Banks to award the `` Leadership Vision 2018 '' award to His Excellency Dr. Ahmed Bin Abdulkarim Al-Khulaifi, Governor of the Saudi Arabian Monetary Agency, The achievements of SAMA at the regional and international levels.

The 'Vision of Leadership' award is the most prestigious award given by the Union of Arab Banks in the Arab world. His Excellency Dr. Ahmed bin Abdulkarim Al-Khulaifi was awarded this award and unanimously the Chairman and members of the Executive Committee of the Union of Arab Banks, during its meeting in Beirut - Republic of Lebanon on Thursday 5/10 / Dr. Al-Khulaifi will be presented at the opening of the Annual Arab Banking Conference 2019, which will be held in Cairo on 8/12/2019 under the patronage of HE Mr. Tarek Amer, Governor of the Central Bank of Egypt under the title: ' Inka S political fluctuations on the banking path ', and in the presence of Arab and international mass of Egyptian, Arab and international banks and leaders.

Wissam Fattouh added that the Union of Arab Banks is present in all Arab and international financial, banking and economic circles, as one of the most influential Arab organizations and adherence to our societies and follow-up of their affairs, and to preserve their rights in all international forums, which is one of the most Arab organizations that worked to sound the alarm about Implications of Arab developments and variables, especially with regard to economic repercussions and the importance of economic and political stability, the role of financial inclusion, financing of small and medium enterprises, combating money laundering and terrorist financing, and partnership between the two sectors.

Public and private, stressing that the Union of the first accelerators to deal with international legislation and laws imposed on banks through training and research procedures have been credited with supporting the ability of our banking community to keep pace with these legislation and deal with them consciously

This Arab Banking Conference will be an opportunity to approach the political and economic fluctuations in some of our Arab countries, discuss the economic reforms required to achieve economic and social security, in addition to highlight the importance of political stability and its impact on promoting economic growth and attracting direct investments FDls, and how the program of government proposals in the revitalization Money market.

Wissam Fattouh confirmed that Cairo, which has become a love for the guest and honor, and opened its platforms to discuss the affairs and concerns of our Arab banking and economic issues, a city for high-end conferences, especially for conferences and forums of the Union of Arab Banks, which familiarized with this city with its charm, location and voice that reaches the far reaches of the world.

http://www.uabonline.org/en/news/arabicnews/15751578158115751583157516041605158915751585160115/70176/0

by **claud39** on Tue Nov 26, 2019 7:23 am

The Annual Arab Banking Conference for 2019

The Union of Arab Banks will hold its annual conference in Cairo in early December Rc_157382439857_18

The Union of Arab Banks will hold its annual conference in Cairo in early December Rc_157382439857_18

The Annual Arab Banking Conference for 2019
“Implications of the Political Fluctuations on Banking”

8-9 December, 2019 The Nile Ritz-Carlton Hotel Cairo – Egypt

BACKGROUND

In the course of 45 years of work to develop and promote the banking profession in the Arab region, and through what was witnessed in the recent years since the terrorist attacks of 11 September 2001 and the global financial crisis of 2008, in addition to the waves of terrorism that hit the Arab region, and the escalation of economic crises in most of Arab countries, which led to a deterioration of government budget deficits, increasing public indebtedness, and the huge amounts of money spent to finance wars and conflicts. Only the Arab banking sector has remained resilient and continued supporting governments and economies, while recognizing the need to keep pace with challenges resulting from laws and legislation on one hand, and the responsibility towards the society on the other.

In light of this reality, the Arab banking sector continues to uphold its professional and social backgrounds, through financing and encouraging investment, and going further in enhancing financial inclusion, especially through SME financing and creating jobs that contribute to the development of national economies.

Today, the Union of Arab Banks (UAB) is trying to reinforce the role of banks and redirect banking by highlighting the interest of banks in providing banking services to customers and maintaining their benefits, in order to avoid diverting banks from their initial social and economic roles and transforming them into a judiciary body or a supervisory authority, and push them into adopting the over-tightening policy of de-risking, which affects bank credit, noting that the Arab banks have confirmed their commitment to the compliance rules and the international banking regulations.

UAB, through this conference, aims also to emphasize that the large number of banking laws and regulations should not affect the essential role of banks, and it will provide an opportunity to discuss the political and economic fluctuations in some Arab countries. It will also work on developing a common Arab Banking vision to face the challenges and reduce their economic repercussions.

The message which the UAB aims at launching during its 2019 Arab Annual Conference, to be held in Cairo – Egypt represents an invitation to the Arab private sector to participate effectively in promoting development, and to Arab banks to redirect their funding capabilities to the real economy and development, and to governments to lower their reliance on borrowing from banks and compete with private sector to obtain funding. Additionally, banks should adhere to managing risks not de-risking, and should comply with laws and regulations, but not follow procedures that may contribute in capital outflows, noting that the application of laws should not prevent financing the development.

This Conference will reassure the traditional role of the Arab banks in providing banking services to their societies such as deposits, loans, wealth and investments management, and supporting social, humanitarian and environmental projects and establishing their role as financial channels that transform national savings into loans for individuals, firms and governments and not becoming a tool in the hands of law enforcement authorities.

TOPICS OF DISCUSSIONS

The conference will discuss the following topics:

• “ Reforms needed to achieve Economic & Social Security ”
• “ The role of Government policies in promoting Financial Markets ”
• “ Implications of Political Fluctuations on Banking”

* Banking in Conflict regions
* Repercussions on Investment
* Capital Outflow
* Implications on Financial & Monetary situations

• “ Impact of the International Regulations’ Pressures traditional banking ”

* Application of International Regulations
* Dealing with international sanctions
* Meeting the requirements of correspondent banks
* The Dilemma between adhering to legislation and extending credit
* UAB Survey on AML / CFT

• “ The 4th Industrial Revolution & the Changes in banking resulting from financial technology”

* Prospects of Implementing the 4th Industrial Revolution in the Arab Region
* Enhancing new Innovations in Banking
* Advantages and disadvantages of transforming to digital banking
* The gap between supervision and the rapid development of financial technology
* Islamic Banking in light of FinTech developments
* Competition between fintech companies and banks

http://www.uabonline.org/en/events/conferences/15751604160515721578160515851575160416051589158516/69774/0