StanChart event to focus on industry trends
Dubai, September 12, 2012
Standard Chartered will hold its Third Middle East, North Africa and Pakistan Bankers Conference in Turkey this month, shedding light on the opportunities, trends and challenges of the banking industry in Menap.
The event, titled, ‘Fragile West, Resilient East’ will take place from September 17 to 19 in Istanbul, and will be attended by more than 80 senior representatives of banks from Turkey, Morocco, Algeria, Tunisia, Egypt, Lebanon, Jordan, GCC and Pakistan representing Standard Chartered’s bank clients.
Christos Papadopoulos, the regional CEO, Menap, Standard Chartered Bank will inaugurate the event, a statement from the bank said. His session will be followed by a presentation on the conference theme, "Fragile West, Resilient East" where Marios Maratheftis, regional head of research, Menap will discuss the economic fundamentals of the East vs. the West and the outlook for the region in light of these developments.
Tarek Amer, chairman of National Bank of Egypt will discuss the ‘Impact of the Arab Spring on the Menap Banking Landscape’.
In addition, the conference will have a panel discussion titled ‘Mena and Global Banking Landscape – Challenges and Opportunities’ which will discuss liquidity & re-financing risk, counterparty & sovereign risk, and regulatory environment & costs of funding. There will also be a session on emerging markets opportunities for banks.
Motasim Iqbal, regional head of transaction banking (banks segment), Mena, Standard Chartered, said: “Following the success of the conference in the past, we are looking forward to hosting our bank clients in Istanbul. The event is considered an ideal platform for networking and sharing expertise between financial institutions from across the region.”
“It comes at an ideal time when trade and finance activities between the Middle East region and China, India, Korea and South East Asia in general, continues to grow and develop into a strategic bi-lateral relationship and banks are playing a big role in supporting this trend.”
“With our strong footprint and coverage across Asia, Africa and the Middle East, Standard Chartered is ideally positioned to facilitate cross border trade and finance activities across these markets. We are continuously investing in developing our product line and technological platform to bring best international financial services to our clients in the region and across the globe.”
This is the third Bankers Conference that Standard Chartered has held in the region. Previous conferences were held in Dubai, UAE and Beirut, Lebanon. – TradeArabia News Service
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