The New York-headquartered Arab Bankers Association of North America (ABANA) has announced its official support of the Arab Bankers Technology Exhibition and Conference (ABTEC), scheduled to be held in Dubai in April 2002, as the institution moves to develop closer Arab-US financial sector ties.
“In light of recent events, now more than ever it is imperative that mutual understanding be achieved between the Arab and American banking and financial industries,” said Doug Mellor, chairman of the Olive Internet Group, which organizers ABTEC.
“Security and transparency are major industry challenges in the post-September 11 world and events such as ABTEC will open up inroads towards ensuring knowledge and resources are available to effectively address these issues,” Mellor added.
Formed in 1983, ABANA members encompass major Arab-American banking and finance sector players. Comprising over 330 individual and 58 institutional members, the association is dedicated to fostering improved relations and communication between Arab and American banking and finance industries.
Now in its second year, taking place at the Jumeirah Beach Conference Center from April 22-24, ABTEC 2002 will bring together world and regional financial leaders in banking technology, e-banking, data warehousing, analytics, e-security and fraud, according to a company press release.
“There is great synergy between the desire of both ABANA and ABTEC to deliver an interface between the rapidly developing institutions of the Middle East and global banking technology leaders,” said Mellor. ABANA’s membership boasts such institutions as the World Bank, JP Morgan Chase, PWC, Covington & Burling, Morgan Stanley, ABC, GIB and NBK. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
