Emirates Institute for Banking and Financial Studies webinar spotlights current state of corporate banking sector

Webinar convenes over 100 banking, finance professionals

Emirates Institute for Banking and Financial Studies webinar spotlights current state of corporate banking sector
  • Attendees participate in dynamic discussion around long-, short-term lending practices, corporate borrowing, risk appetite

Dubai-UAE: Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, today hosted a webinar that offered crucial insights on the current trends dominating Corporate and Investment Banking practice both in the region and around the world.

Headline speakers at the event included Eslam Nafie, Wholesale Banking - Regional Head, Sharjah & Northern Emirates, United Arab Bank, Bob Keijzer, Head of Institutional Banking Abu Dhabi and Head of Energy, Wholesale Banking Group, Commercial Bank of Dubai, Faisal Hasan, Independent consultant former Head of Proprietary Investments & Treasury, Kamco Investment Company, and Mohammad Mahmood Abdulrazzaq AlBastaki, Senior Vice President - Head of Public Sector (Wholesale Banking), Emirates NBD. Niel Oberholzer, Director of Learning Division at EIBFS moderated the session.

The session drew the presence of more than 100 participants from the banking and finance industry, who assessed the changes in the lending and risk appetites due to the ongoing COVID-19 pandemic. The panel also discussed the current state of the debt markets, and the lessons learned from greater exposure and reliance on cash flow instead of collateral regarding lending to companies. The attendees of the webinar concurred that to expedite and enhance post-pandemic recovery, banks and financial institutions must work to strengthen their operations and management mechanisms.

In addition, they need to start reskilling existing staff on a priority basis to better serve Corporate clients. Significantly, the attendees suggested that bankers in the country must now leverage cross-border collaborations for the greater success of all participating entities.

Speaking on the webinar, Jamal Al Jassmi, General Manager of EIBFS, said: “As we advance into 2021, we can sense a resurgent optimism and anticipation across the board for economic activity to pick up swiftly. Banks are in the process of figuring out the road ahead. In this context, our webinar served as a platform to clarify and better understand the evolving Corporate Banking landscape, identify the trends that are shaping the market, and most importantly, inform bankers about what they must do to avoid potential pitfalls.”

He added: “At EIBFS, we are aware of the changes sweeping the banking sector. To this end, we have developed bespoke programs and courses to empower bankers and financial professionals in the region. Earlier this year, we announced our annual training plan for 2021 and we look forward to enhancing the UAE’s knowledge-based economy.”

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases