UBF 5 th Middle East Banking Forum to Focus on Harnessing the Forces of Global Disruption
The UAE Banks Federation (UBF), a professional body representing 48 member financial institutions operating in the UAE, today introduced that the fifth version of the Middle East Banking Forum, the top yearly event for the region's banking and financial solutions industry, will be hung on 22 November 2017 at The St. Regis Saadiyat Island in Abu Dhabi.
Hosted by UBF in organization with Financial Times Live and 'The Banker' and sustained by the Reserve bank of the UAE, this year's event will certainly be held under the theme Harnessing the Forcesof Global Disruption,and will certainly feature a collection of insightful presentations, panel conversations and on-stage interviews that look into key concerns dealing with the banking market in an era of rapid technical change.
The one-day event will certainly bring together leading decision-makers from the regional and worldwide banking industry to talk about how financial institutions could handle modification and threat in the digital age and also explore approaches to earn the most of the development chances arising from digital disturbance.
Banking is being disrupted in lots of methods: by technology, by guideline, by market fads, by competitors and by far more. Hence, the Forum is arranged to attend to how ought to financial institutions understand these difficulties and use them to their own benefit to name a few vital questions.
Prominent speakers at the event include H.E. Mubarak Rashid Khamis Al Mansouri, Governor of the Central Bank of the United Arab Emirates; H.E. Abdul Aziz Abdulla Al-Ghurair, Chairman of UAE Banks Federation; Ralph Hamers, Chief Executive Officer and Chairman of the Executive Board,ING Group; among many others..
" The Middle East Banking Forum is the federation flagship, and our payment in raising its profile substantially has placed it as a notable platform to address the current obstacles and concerns faced by banks and their customers. This year's Forum addresses a critical and timely subject, and will certainly offer banking execs with an opportunity to share experiences and finest techniques and learn how they can harness the forces of global disturbance to preserve business competitiveness and supply enhanced customer experiences," said H.E. AbdulAziz Al Ghurair, Chairman of UAE Banks Federation.
H.E added: "Our coming together to host this crucial campaign reflects our common rate of interest in promoting the development and innovation of the regional banking industry."
Important topics that will be reviewed at the Forum include exactly how financial institutions can harness the pressures of disturbance and transform them into possibilities, as well as the importance of preserving business agility and creating new operating designs to be successful in a fast-changing atmosphere. The occasion will certainly likewise concentrate on the problems faced by small and medium enterprises (SMEs) in getting financing from financial institutions and explore how the new Reserve bank regulation will certainly make it much easier for SMEs to obtain car loans from banks.
Various other subjects of conversation consist of the surge of the 'robo-banker' and the influence of advanced analytics and artificial intelligence (AI) on the banking industry, the dangers in the online world and how banks can shield themselves versus cyber-attacks, the value of continuous renovation in customer care, and the have to record the power of digital innovation to accomplish dexterity and profitable growth.
The Middle East Banking Forum has actually advanced into a yearly conference factor for financial institutions running in the UAE and the region, and in 2014's version verified a resounding success with greater than 430 senior banking execs present. Last year occasion dealt with a variety of crucial subjects ranging from de-risking, customer support enhancement, and mobile banking to cyber safety and security, fraud prevention, and the influence of financial technology.
