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AUB backs key Arab banking conference

Manama, April 17, 2011

Ahli United Bank (AUB) has announced its platinum sponsorship for the two-day Arab Banking Conference which kicks off in Doha on Monday.

Jointly hosted by Union of Arab Banks and World Union of Arab Bankers, this premier annual banking event will be attended by Arab ministers of finance and economy, governors of central banks, leaders of the financial sector, investors and entrepreneurs from around the Arab world as well as from the international financial community.

AUB will be well represented at the conference with delegates from the group's eight subsidiary and associate banks in the Mena region and the UK.

Held under the theme, 'Towards an Arab Vision of Economic Reform', this year's conference aims at bringing together an elite assembly of experts and captains of the industry to discuss a wide range of issues relating to regional economic and financial reforms and to assess in depth structural and regulatory changes needed in this context.

'We are pleased to sponsor the event, which we hope will go a long way towards formulating a consensus on a practical approach and recommendations for effecting the much needed financial reforms,' remarked AUB chairman Fahad Al Rajaan.

'This will pave the way for a stronger, more robust and more stable Arab banking industry well equipped to face up to the prevailing challenges and better serve the financial needs of the region in the long term,' he added.

'We are proud to have AUB as a platinum sponsor of this year's conference,' said Union of Arab Banks secretary-general Wissam Fattouh.

'AUB has long been a leader and a visionary in advocating and implementing a pan-regional approach for capitalising on opportunities and responding to the challenges of today's increasingly interdependent markets, so we naturally look forward to hearing its privileged vantage point and contribution to the main topics on the conference's agenda,' Fattouh remarked.-TradeArabia News Service




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