World Union of Arab Bankers
The Hub of Arab Bankers...
Webinar – Live Virtual Training
Bank’s Initiatives Towards Commercial Clients Facing Covid-19
26 – 27 April, 2021
Coronavirus (COVID-19) is already having a profound effect on people’s lives and the economy. Corporateand commercial banks have a central role to play in supporting the global economy during the crisis, and infacilitating a rapid and sustained recovery afterwards. On top of normal commercial lending, banks will play akey role in implementing many of the government’s policies to support SMEs and corporates.
A “business as usual” approach based on largely manual processes, expert judgement and existingunderwriting criteria will not work. It cannot cope operationally and it cannot be relied on to consistently deliverthe best decisions.
The webinar will tackle the overall effect of COVID-19 on the Arab economies in general and the Arab BankingSector in specific. An overview of the international initiatives of the IMF & World Bank towards the ArabCountries in addition to the initiatives of the Central Banks in the Arab Countries in facing the pandemic.
Arab Banks Awards and Commendations of Excellence
Within the framework and the objectives of the World Union of Arab Bankers to promote the Arab banking and financial industry and the professional scope of Arab banking, the Union launched in 2015 and through its monthly magazine The Banking Executive, the first round of the “Excellence and Achievement Awards” ceremony, which has become an annual event attended by senior bankers and international figures from international and regional institutions.
The Bank of Excellence Awards and Achievement Awards aim to honor Arab personalities and banking institutions that have achieved significant achievements during their career. They have been instrumental in promoting and developing the Arab banking industry, and have formed a remarkable example of outstanding performance and adherence to international standards and legislation, in addition to their active contribution to the promotion of economic development in the Arab world.