AfricaAsia  Cover Economy

Tackling the New Banking  Age Challenges

 

Industry Experts to Share Insights

…….As they Storm  Banking  Summit  in  Doha

Report : Mohammed Abu,Accra

As  financial institutions are , caught between an uncertain world economy, fast digitization and growing costs,Innovation and forward thinking remain key factors for stemming the tide.

The importance of the 13th edition of the New Age Banking Summit, a leading platform for the banking and fin-tech sector in the Middle East,could be best appreciated against this background .

To  be held in Doha, Qatar, on February 12, 2020,the event would draw  nearly, 200 bankers and technology leaders.

Thought leaders and industry experts  will share case studies and strategies and the next practices in latest technologies at the all important event.

Qatari banks remain highly profitable, with a rising customer deposits, assets and loans and advances. However, challenges and risks remain. With Qatar likely to introduce VAT, how will the banking industry navigate this challenge? ,is one of the nagging issues.

Revenue and profit generation, business growth, financial resilience and shareholder value are among other key imperatives.

The 2020 edition will thus look at the future of lending in Qatar and provide knowledge and networking platform to help lenders devise strategies and leverage ever-changing banking ecosystem.

These were contained in a Press Release issued by the Organizers, BusinessLive Middle-East,in Doha, Friday.

The summit, the release said ,will also address critical developments in the banking sector in Qatar and the wider Middle East, particularly in credit quality, financial markets, regulatory cooperation, RegTech, Fin-Tech, block chain, cyber security, AI, Islamic finance and anti-money laundering efforts.

In its previous editions, NABS has identified future patterns transforming the industry and fueling innovation, thereby staying ahead of the curve.

One of the major  side attractions  of the event the release further disclosed, will be the NABS Qatar Awards  which will recognize and celebrate outstanding achievement and contribution to the banking and financial industry.

“They are aimed at honoring organizations that have consistently demonstrated exemplary performance. These awards set a standard of excellence that is held in high regard.

“The NABS Awards will not just recognize the endeavors of the most successful organizations, but also set a benchmark, inspiring other banking and financial institution to attain excellence” the release notes..

The awards set a standard of excellence that is  held in high regard and serve as an effective platform for banks and service providers in QATAR to showcase their capabilities and  contributions and also, identify leaders within the  industry.

So far  12 summits have been hosted by BusinessLive Middle East, in various countries namely, Nigeria, South Africa, Poland and Oman, each event witnessing a footfall of 200+ on average.

 UMS Publishing is a leading publishing company in the Sultanate which has established a proven reputation for itself with it’s high-quality magazines and annuals.

With over one million average monthly readership and page-views UMS Publishing is the undisputed leader in the magazine space in Oman.

It’s print portfolio comprises six monthly magazines, one bimonthly magazine and 13 annual publications in English and Arabic: OER (Oman Economic Review)Al Mar’aThe WomanAlam Aliktisaad Wala’mal (AIWA)DossierSignatureOil & Gas Review (OGR).

 

 

About the author

MOHAMMED ABU

Chief Correspondent,,West Africa Region,African Development magazine

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