Featuring insightful presentations, keynote addresses, panel discussions and on-stage interviews, the one-day event will explore how advancements in technologies, new developments in regulatory compliance, and an evolving threat landscape will shape the banking system over the next decade. In addition, the forum will examine why sustainable finance is the future and shed light on the region’s strong affinity towards sustainable banking.
“Rapidly evolving technologies, such as cryptocurrencies, blockchain, big data analytics, cloud computing, robotics, artificial intelligence and Internet of Things, continue to disrupt the banking ecosystem. In many parts of the world, including the Middle East, banks and financial services firms are passionately exploring ways to benefit from these digital advancements. However, a number of challenges, including cost, risks, and changing consumer preferences, hinder wider adoption of these technologies. Similarly, cybercrimes and financial fraud continue to grow in magnitude and complexity, become the key challenges emerging in the region’s banking industry,” said HE Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation.
“It has become of significant importance and a top priority for bankers to gain deeper insights about disruptions in the industry. The Middle East Banking Forum 2018 will seek to delve into key issues and promising opportunities facing the sector to help banks thrive in a robust ecosystem in the future. Sustainability will also be a key focus of the forum as sustainable finance is quickly gaining traction in the region,” added HE Al Ghurair.
First Abu Dhabi Bank, Emirates NBD, ADCB, Abu Dhabi Islamic Bank, Commercial Bank of Dubai, Bank of Sharjah, and BOK International have confirmed their support to this year event as lead banking sponsors, while Visa and Emirates Digital Wallet are the exclusive payment sponsor and associate sponsor respectively.
Furthermore, UBF has launched a dedicated website for the Middle East Banking Forum 2018 as it gears up for the premier annual event. To learn more about the event and view the detailed agenda, visit https://www.middleeastbankingforum.com/.
About UAE Banks Federation:
Established in 1982, the UAE Banks Federation is a professional representative body comprising 50-member banks operating in the UAE. The Federation advocates all banks' interests, and enhances cooperation and coordination among them, in order to promote and upgrade the UAE's banking industry for the benefit of the banking sector, its customers, and the national economy.
The UAE Banks Federation's mission and objectives are focused on representing its member banks and defending their interests and rights. The federation provides a platform for cooperation and exchange of ideas and opinions among member banks and plays a major role in raising public awareness around the beneficial role and distinctive financial, economic and social contribution of the banks to the UAE.
The Federation has an Advisory Council consisting of 28 Bank CEOs which oversees the implementation of the policies, follows up on UBF's activities and makes necessary decisions, and 20 specialized technical committees who discuss all relevant banking issues.
UAE Banks Federation
Emad Al Ghadban
Head - Public Relations & Communications
Phone: +971 2446 7706
© Press Release 2018