Middle East forum opens his works under the banner of the development of banking experience to customers

Admin Mon Nov 14, 2016 8:21 am

Abdul Aziz Al Ghurair, Vice Chairman of the Dubai International Financial Centre opened .menendy the banking sector in the Middle East for 2016, the representative body for professional banks, the 49 members operating in the UAE, the fourth version of "banking forum in the Middle East in 2016" with the participation of the President of the Association of Banks Iraqi Special Wadih Handal Executive Director of the Association, Mr. Tariq Ali and Conference will be held under the title of "the development of banking experience for customers."

And it will highlight the theme minimize risk by global banks and its repercussions on the local and regional banks.

It is scheduled to include the event, in addition to many episodes and diverse job interviews, high-level panel discussion

His part, denied the governor of the UAE Central Bank the bank to receive any new requests from the UAE banks to merge, while awaiting investors Emirates bank "First Gulf" integration and "NBAD" after the Board of the two banks Administration approval in early July on the merger of the two banks with total assets amounted to 642 billion dirhams.

He said the governor of the UAE Central Bank Mubarak Rashid Al Mansouri told reporters on the sidelines of the Middle East Forum for the banks, the liquidity situation in a good local banks, pointing out that the government deposits began to grow.

According to statistics published on the UAE central site, the government deposits rose by the end of September last 2.7% to 168.4 billion dirhams, compared with 173.2 billion dirhams worth in August 2016.

The governor of the UAE Central Bank to peg will remain the same and will not after the victory of the new US president, "Donald Trump is affected."

Mansouri denied the existence of the thinking in the formation of the Emirates cash reserve yuan China.otoqa Mansouri, credit growth of 6% at the end of 2016.

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