BAB names strategic partners for fintech forum

COMMERCIAL NEWS

Bahrain Association of Banks (BAB) has named National Bank of Bahrain, Al Baraka Banking Group, Venture Capital Bank and Gulf International Bank as strategic partners for its upcoming annual fintech forum.

The forum, focussing on “FinTech: Opportunities & Challenges” will be held on October 31 at the Gulf Hotel under the auspices of the Central Bank of Bahrain and expects to attract more than 300 senior representatives from among BAB’s 52 members, regulators and executives of monetary funds.

The agenda will feature a series of high-level keynote speeches and plenary sessions providing expert opinion and commentary on FinTech and the impact of emerging financial technologies on Bahraini banks and the future of the industry.

Topics to be covered by a diverse range of local, regional and international speakers will include: The Relationship Between Banks & FinTechs, Fostering a Better FinTech Echo System, Addressing the Human Capital Gap and Legal and Regulatory Considerations.

Afrah Ajaj – Members Affairs manager at BAB, said: “We are delighted to announce National Bank of Bahrain, Al Baraka Banking Group, Venture Capital Bank and Gulf International Bank as Strategic Partners for this year’s BAB Forum, which we intend to make an annual event focused on key trends and issues shaping the future of Bahrain’s banking industry.”

“We are too grateful to our partners for their ongoing support and commitment to BAB and to the development of the industry. These are market leading institutions who understand the value of FinTech innovation in achieving sustainable growth and are already supporting Bahrain’s efforts to become the most dynamic and advanced FinTech hub in the region. Together with our partners, we look forward to bringing Bahrain’s banking community and FinTechs together to explore opportunities and challenges for the industry and the way forward,” she added.

To ensure the Forum addresses the industry’s needs, its development is also supported by an eight member Steering Committee representing the banking sector, FinTechs and other related areas. These include professionals from Al Baraka Banking Group, Bahrain FinTech Bay, BIBF, BAB, and Finmark Communications, the Forum’s organizer.  – TradeArabia News Service

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