GCC Banking Forum in Dubai: Future trends and best practices for the regions banking and financial industry

GCC Banking Forum in Dubai: Future trends and best practices for the regions banking and financial industry

The GCC Banking forum begins here on the January 12th 2003 at the Emirates Towers hotel Dubai UAE. The conference The GCC Banking Forum" will address key issues faced by the banking industry today.

Across the globe, the banking and financial service Industries are redefining business operations and management to match with technology advances and customer requirements. The emerging trends make it essential for professionals to continuously update themselves on the latest trends and practices. With an intensely competitive market coupled with a low margin for error, the GCC banking scenario is no different; This forum presents banking industry and its professionals from the region with a clear vision on future trends and best practices suited for the GCC Banking industry.

Some of the key issues that are discussed at the GCC Banking Forum are:

# Why should GCC countries create a GCC central bank to compete with the global financial world?
The GCC National Banks, financial services industry are all seriously considering the merits and demerits brought about by a GCC Central Bank. The attending professionals from the banking industry will hear expert comment whether a GCC central bank, once established and running will enable regional banks, securities firms and insurance companies and other financial services institutions.

The GCC Banking forum assesses whether an institution of a GCC central bank will create new risks for individual financial system and bring forth operational liabilities and overheads.

# How GCC stand alone banks can survive the latest e-banking and technology revolution?
Banking and financial services sector worldwide is witnessing the benefits of technology applications for business operations with new products and solutions based on technology making it possible for excellent banking services. The forum highlights on ways by which banks can use these services to better customer care and customer retention. The modern day technology has made banking services enormously user friendly with innovations like ATMs, Internet Banking, Mobile Banking and many more. Banks now provide listening devices to persons with vision impairments through which they can receive private audio instructions for transactions typically displayed on the ATM screen for cash withdrawals, balance inquiries, transfers & payments and deposits. The industry is looking forward to ATM services that are more high tech and user friendly.

The conference scheduled on January 12th 2003, will prove to be a significant meeting point for senior banking and financial industry professionals and government functionaries from the region. The conference is held as part of the GCC Economic Forum, apart banking the conference addresses subjects like technology, management, and media through separate conference programs.

For more information, contact the organizers

Tel: 00971 4 3326688
Fax: 00971 4 3328223

Email: pressrelease@datamatix-dubai.com