September 7, 2020 @ 2:00 pm - September 9, 2020 @ 5:00 pm
$250
BACKGROUND
The spread of the coronavirus has altered significantly business practices worldwide, including trade, investment, and banking. Particularly, businesses are moving further towards more digitalization and online operations, a practice which is expected to last for a prolonged period.
This shift towards A Digital Economy will provide new opportunities, but will result also in emerging challenges for business sectors. This will boost investment commitments by industries that witness operations disruption and force them to adopt new and more complicated business models, with heavy reliance on emerging technologies.
On banking front, shifting into Digital Banking necessitates undertaking business transformation through series of transformative initiatives that will collectively contribute in creating new banking landscape. Nonetheless, the inherent risks associated with digital transformation are high, and additional skills are required to ensure a smooth transition without jeopardizing sustainability and growth.
Finally, Environmental, Social and Governance (ESG) as well as Biodiversity are emerging as new concepts and gaining significant attention in light of current developments, and are being integrated in investment selection and portfolio development. While this will result in significant opportunities for business models adopting ESG and biodiversity, it will result in compliance and disclosure challenges.
Therefore, the Union of Arab Banks aims at organizing a virtual forum on these developments under the title “Banking in The Next Normal”, on the 10th, 11th & 12th of August 2020.
BACKGROUND
The spread of the coronavirus has altered significantly business practices worldwide, including trade, investment, and banking. Particularly, businesses are moving further towards more digitalization and online operations, a practice which is expected to last for a prolonged period.
This shift towards A Digital Economy will provide new opportunities, but will result also in emerging challenges for business sectors. This will boost investment commitments by industries that witness operations disruption and force them to adopt new and more complicated business models, with heavy reliance on emerging technologies.
On banking front, shifting into Digital Banking necessitates undertaking business transformation through series of transformative initiatives that will collectively contribute in creating new banking landscape. Nonetheless, the inherent risks associated with digital transformation are high, and additional skills are required to ensure a smooth transition without jeopardizing sustainability and growth.
Finally, Environmental, Social and Governance (ESG) as well as Biodiversity are emerging as new concepts and gaining significant attention in light of current developments, and are being integrated in investment selection and portfolio development. While this will result in significant opportunities for business models adopting ESG and biodiversity, it will result in compliance and disclosure challenges.
Therefore, the Union of Arab Banks aims at organizing a virtual forum on these developments under the title “Banking in The Next Normal”, on the 10th, 11th & 12th of August 2020.
Details