Manama – Bahrain Association of Banks (BAB) today announced National Bank of Bahrain, Al Baraka Banking Group, Venture Capital Bank and Gulf International Bank as Strategic Partners for its upcoming Annual Forum focusing on “FinTech: Opportunities & Challenges”.

The Forum will be held on 31 October 2018 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.

Commenting, Mrs. 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.”

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.

For more information about the Forum and how to register to take part, please contact FinMark Communications on +973 17749759 or email info@finmarkcoms.com.

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About BAB:

The Bahrain Association of Banks (BAB) was established by a Ministerial decree in 1979, and registered under the central bank of Bahrain in 2010.BAB brings together banking institution of all sizes and charters in kingdom of Bahrain and works towards enhancing Bahrain image as the financial hub of the Middle East.

The Association provides an open forum where banks can come together to collectively discuss and solve their shared problems. BAB is also actively engaged in promoting banking conferences, exhibitions and seminars that bring overseas banking delegations to Bahrain and create business opportunities for all members.

The Bahrain Association of Banks represents and advocates the interests of all the various licensed financial institutions in Bahrain and works closely with the Central Bank of Bahrain and other government authorities at the highest levels on issues of banking policy and regulation, as well as actively promoting Bahrain as an international financial centre.

Media inquiries can be directed to:

FinMark Communications

Zahraa Taher

Tel: +973 39630997

Email: ztaher@finmarkcoms.com

© Press Release 2018

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