The First International Forum for Banking and Financial Services and Products will be held from 27 to 28 September in Tunis, Al-Ratib Exhibitions and Conferences Organizing Company reports.
The forum will be held in cooperation with the Federation of Libyan and Maghreb Banks, with the participation of the Central Bank of Libya and Libyan and international banks from Jordan, Bahrain, Turkey and Tunisia.
Hatem Al-Zayani, the General Director of the organisers, Al-Ratib Company, stated in an exclusive interview with Libya Herald that organizing an international forum specializing in banking and financial services at this time has become important to restoring balance to Libyan banks and building confidence between them and international banks, whose transactions with them have stopped or decreased due to Libyan instability in recent years.
This forum will help coordinate advancing the sector
He highlighted the recent step taken to reunify the Central Bank of Libya, a step which Al-Zayani said requires unifying efforts among all Libyan banks to developing banking products and services in all their branches, addressing the distortions that occurred due to the division of the Central Bank, and confronting all the problems that occurred with international banks. He said the organization of this forum will play a major role in coordinating all efforts to advance banking and financial services in Libya.
Forum will offer development opportunity for sector
Al-Zayani said that the forum is concerned with discussing challenges and ways to develop capabilities that will work to advance the banking industry and financial services and products and exchanging experiences among those concerned with the targeted sectors, including experts, consultants, and decision-makers.
The forum will shed light on the technologies and legislation that show the final image of the services and products that will be achieved – needed by the local, regional and global market. In addition, the forum will provide the opportunity for institutions to launch new services and products and display their advantages, creating the appropriate environment for signing partnership agreements and concluding alliances that would contribute to raising the efficiency of the Libyan banking and financial sector and developing it in line with its global acceleration.
Regarding the attendees, Al-Zayani confirmed the participation of public and private commercial and specialized banks in Libya, financial services and electronic payment companies, exchange and money transfer companies, e-commerce companies and associated services.
In addition to the participation of communications and information technology companies and service and infrastructure providers and financial leasing companies and the Libyan Stock Market, which will play a prominent role in the return of activity to trading in bank shares, as well as the presence of financial brokerage companies, insurance and reinsurance companies.
