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UAE Banks' Evening Reception

Held during the IMF & World Bank Annual Meetings

Bali |

Overview

The Banker, in partnership with the UAE Ministry of Finance, will be hosting the UAE Banks Evening Reception during the International Monetary Fund and World Bank Group Annual Meetings 2018 in Bali.

This evening reception will bring together senior bankers, investors, policy makers and delegates of the IMF, World Bank and IIF Annual Meetings, for a 2 hour networking reception.

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fallback Add to my Calendar 10/12/2018 00:00:0010/12/2018 00:00:00falseUAE Banks' Evening ReceptionThe Banker, in partnership with the UAE Ministry of Finance, will be hosting the UAE Banks Evening Reception during the International Monetary Fund and World Bank Group Annual Meetings 2018 in Bali.This evening reception will bring together senior bankers, investors, policy makers and delegates of the IMF, World Bank and IIF Annual Meetings, for a 2 hour networking reception.UAE-Banks'-Evening-Reception257e6edd748831ae7d05b354ef9862ffMM/DD/YYYY

Who Attends?

Attendance would be particularly useful for senior banking and finance professionals including:

  • Central Bank Governors
  • Finance Ministers
  • Chief Executive Officers
  • Chief Financial Officers
  • Chief Investment Officers
  • Chief Operating Officers

This annual event always proves very popular so please register now to confirm your attendance.

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Presented By (1)

The Banker provides economic and financial intelligence for the world's financial sector and has built a reputation for objective and incisive reporting. It leads the debate on all the issues surrounding the global banking industry, providing in-depth news and analysis, exclusive interviews with senior industry figures and definitive regional bank listings, including the internationally acclaimed Top 1000 World Banks.

In Partnership With (4)

The main responsibility of the Central Bank is formulation and implementation of banking, credit and monetary policies, to ensure the growth of the national economy of the UAE in a balanced manner.

The Central Bank is also working to maintain a fixed exchange rate of the dirham against the U.S. dollar and to ensure the free convertibility of the national currency into foreign currencies, in addition to its role as "Bank of Banks" and the Government's bank and its financial adviser.

DIFC is a global financial centre strategically located between the East and West, providing a stable and secure platform for businesses and financial institutions to tap into the emerging markets of the Middle East, Africa and South Asia. The Centre’s internationally recognised and independent regulation, common law framework, tax-friendly regime, and enabling environment make the ideal hub to access the region’s rapidly growing demand for financial and business services. DIFC fills the time-zone gap between the leading financial centres of London and New York in the West and Hong Kong and Tokyo in the East. Guided by its core values of integrity, transparency and efficiency, the Centre continues to play a pivotal role in meeting the growing financial needs of the region.

ADGM, an international financial centre located in the capital city of the United Arab Emirates, opened for business on 21 October 2015.  A broad-based financial centre, ADGM is a business friendly hub for finance and commerce with international regulations, independent Courts that, for the first time in MENA, directly apply Common Law on all civil and commercial matters. ADGM serves as a strategic link between the growing economies of the Middle East, Africa, China and South Asia. Based in Abu Dhabi, home to one of the world’s largest sovereign wealth funds and one of the highest concentrations of high-net-worth-individuals in the world, ADGM’s strategy is anchored by Abu Dhabi’s key strengths including private banking, wealth management, asset management and financial innovation. Since its inception, ADGM has been awarded the “Financial Centre of the Year (MENA)” for two consecutive years and “FinTech Regulator of the Year” for its initiatives and contributions to the financial and capital markets industry in the region.

Member Banks (11)

FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customised experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.

Headquartered in Abu Dhabi in Khalifa Business Park, the bank’s international network spans over 19 countries outside the UAE, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad.

In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience, and will support the growth ambitions of its stakeholders across countries in which the bank operates.

To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future.

With total assets of AED 678 Billion (USD 185 Billion) as of March-end 2018, FAB is rated Aa3/AA-/AA- by Moody’s, S&P and Fitch respectively, the strongest combined ratings of any bank in the MENA region. The Bank has been ranked by Global Financeâ as the safest bank in the UAE and the Middle East, 4th in emerging markets, 17th amongst commercial banks worldwide, and 31st in the world.Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.

Emirates NBD is a leading banking Group in the region. As at 30th June 2016, total assets were AED 425.8 Billion, (equivalent to approx. USD 116 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 87 per cent of all financial transactions and requests conducted outside of its branches. The bank currently has more than 220 branches and over 955 ATMs and CDMs in the UAE and overseas and a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand. It is a major player in the UAE corporate and retail banking arena and has strong Islamic Banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.

The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.

The Group is an active participant and supporter of the UAE’s main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.

ADCB was formed in 1985 and as at 31 March 2018 employed over 5,000 people from 80 nationalities, serving retail customers and corporate clients in 49 branches, 1 pay office and 2 branches in India, 1 branch in Jersey and representative offices in London and Singapore. As at 31 March 2018, ADCB’s total assets were AED 267 billion.

ADCB is a full-service commercial bank which offers a wide range of products and services in both conventional and Shari’ah compliant banking, operating in four business segments including Consumer Banking, Wholesale Banking, Treasury and Investments and Property Management.

ADCB is owned 62.52% by the Government of Abu Dhabi (Abu Dhabi Investment Council). Its shares are traded on the Abu Dhabi Securities Exchange. As at 31 March 2018, ADCB’s market capitalisation was AED 34 billion.

ADIB is a leading bank in the UAE with more than AED 123 billion in assets. Its 983,000 customers benefit from the third largest distribution network in the UAE with 81 branches and more than 722 ATMs. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).

In the UAE, the Bank has more than 2,000 employees and remains one of the leading banks in the recruitment, development and promotion of local talent in all the markets in which it operates. The bank has one of the highest Emiratisation ratios with more than 40 percent of the bank’s workforce being UAE Nationals.

ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, Iraq and Qatar.

Named “Best Bank in the UAE” by The Financial Times’ The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.

Established in 1975, Dubai Islamic Bank is the largest Islamic bank in the UAE by assets and a public joint stock company listed on the Dubai Financial Market. Spearheading the evolution of the global Islamic finance industry, DIB is also the world’s first full service Islamic bank and the third largest Islamic bank in the world. The Bank currently operates 90 branches across the UAE, is present in seven markets worldwide and is expanding its global footprint to further grow and develop the industry. Serving close to 1.7 million customers, DIB offers its growing consumer base an increasing range of innovative Sharia compliant products and services.

In addition to being the first and largest Islamic bank in the UAE, DIB has a significant international presence as a torchbearer in promoting Shari’ah-compliant financial services across a number of markets worldwide. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which is the first Islamic bank in Pakistan to offer Priority & Platinum Banking, as well as the most extensive and innovative portfolio of Alternate Distribution Channels. The launch of Panin Dubai Syariah Bank in Indonesia early in 2017 marks DIB’s first foray in the Far East, the bank owns a nearly 40% stake in the Indonesian bank. Additionally, in May 2017, Dubai Islamic Bank PJSC was given the license by the Central Bank of Kenya (CBK) to operate its subsidiary, DIB Kenya Ltd.  

The Bank’s ultimate goal is to make Islamic finance the norm, rather than an alternative to conventional banking worldwide. DIB has won a range of accolades that are testament to these efforts across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. A clear indication of the bank’s leadership position in the Islamic finance sector, DIB named the Best Islamic Bank in the various prestigious ceremonies. In 2017, DIB won the coveted Global Islamic Business Award in its first edition in the region and was presented to the bank during the 23rd edition of the Business Excellence Awards Ceremony.

When the Commercial Bank of Dubai opened in 1969 the start was not much more than a dream formed by a collective determination to help build this country.

It began with the vision of the founder of Dubai, His Highness, the Late Sheikh Rashid Bin Saeed Al Maktoum who focused on investing in his people and building Dubai into a modern metropolis. Among his plans, was an official decree that laid the groundwork for the Commercial Bank of Dubai.

The initial banking project was a joint venture between Commerzbank, Chase Manhattan Bank, and the Commercial Bank of Kuwait with minority stakes held by a few UAE businessmen. The decree that established the Commercial Bank of Dubai was issued prior to UAE’s establishment as a country. With the joint venture, CBD began its remarkable story as a bank that grew and prospered along with the growth of the UAE.

Over the years, the capital base of the bank expanded, providing an opportunity to launch a massive restructuring campaign. Importantly in 1982 the Government of Dubai, became a key shareholder in our operations and CBD had evolved into a National Public Shareholding Company.

A dynamic team, disciplined management and a loyal customer base have helped to make CBD’s growth story a success. An extensive branch network across the UAE is re-known for security, professionalism, and dedication to our customers. A laser focus on client needs coupled with a drive for innovation has enabled CBD to provide UAE’s first digital only bank. CBD continues to grow and remains at the forefront of banking innovation to make banking even simpler, smarter and more personalized for our customers.

CBD is looking towards the future, grounded in the past, and focused, as always, on the here and now with our customers: Together Now

Union National Bank (UNB) is a public joint stock company incorporated under the laws of the United Arab Emirates in 1982. UNB is the only bank in the UAE with significant shareholdings by the Governments of both Abu Dhabi (50%) and Dubai (10%). The remaining 40% of the shares are publicly held. The shares of UNB are listed on Abu Dhabi Securities Exchange.

UNB operates through a wide network of branches and ATMs throughout the UAE.  UNB has extended its reach to Egypt through a successful acquisition of the erstwhile ACMB and currently operates in the country as UNB Egypt through a number of banking centres. It has ventured into Doha with a branch at the Qatar Financial Centre and has also opened a representative office in Shanghai China, being the first bank from the region to do so. UNB also has a branch in Kuwait Branch operational since Oct 2012.

UNB's subsidiaries include, Union Brokerage Company (UBC) which provides brokerage services for clients at the Abu Dhabi Securities Exchange and the Dubai Financial Market, Al Wifaq Finance Company (AWFC) offering Shari’a compliant products and services to the growing Islamic banking market and INJAZ Marketing Management which provides marketing management related services, through a dedicated team of professional sales and marketing representatives.

Sharjah Islamic Bank was founded in 1975 in the name of National Bank of Sharjah. In July 2002, the bank successfully completed the first transition of its kind, from a conventional bank to an Islamic bank. With 31 branches and over 1200 associates, the bank is providing exemplary services in the areas of Corporate, Retail and Investment banking. Be it in Assets, Growth, Profits, Customer Satisfaction, Employee Engagement and Corporate Social Responsibility, SIB has been meeting and exceeding Industry Benchmarks and Best Practices. For this drive for Excellence, the bank has received numerous awards at International levels. 

Al Hilal Bank is a fully government-owned progressive Islamic Bank headquartered in Abu Dhabi.  With authorized capital of AED4 billion, the Bank operates in the UAE and in Kazakhstan. Through the help of a team of 1,200 staff members, the Bank provides Shariah-compliant Personal, Wholesale and Treasury banking services and manages the Al Hilal Global Balanced Fund, Global Sukuk Fund and the GCC Equity Fund.  The Al Hilal Bank Global Sukuk was awarded the prestigious Lipper Fund Award for 2017 by Thomson Reuters, recognizing it as the “Best Fund over 3 years” in the Global Islamic Banking category.  Al Hilal Bank was also recognized as the Safest Islamic Financial Institution in the GCC by Global Finance in 2016 and 2017, and is rated A2 Moody’s and A+ by Fitch, the highest ratings awarded to an Islamic Bank in the UAE.

Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari’a compliant services.

Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.

NBF’s key shareholders include the Government of Fujairah, Easa Saleh Al Gurg LLC and Investment Corporation of Dubai. Rated Baa1/Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+/A-2 by Standard & Poor’s, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. It has a branch network of 18 across the UAE.

Noor Bank began operations in Dubai, in 2008, as Noor Islamic Bank. It has branches across Dubai, Abu Dhabi, Sharjah and Al Ain, and is a leading Islamic bank of Dubai, delivering a broad range of innovative Shari’a compliant financial products and services in the UAE. All of its operations are governed by the Shari’a Supervisory Board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters.

Since its inception, Noor Bank has differentiated itself from the crowd by providing excellent service that puts the customer first. Noor Bank focuses on providing unique and personalised services – in Personal and Corporate Banking, Priority Banking, Treasury, and Wholesale Banking.

The corporate shareholders of the Bank are The Office of the Crown Prince of Dubai (25.73%), the Investment Corporation of Dubai (22.71%) and the Emirates Investment Authority (4.7%).  The remaining shares are beneficially held by individuals who each own less than 5% of Noor Bank.  For further details, please visit: www.noorbank.com or call 800 6667.

Venue

The Sofitel, Bali
The Cucina Hall, The Sofitel
Kawasan Pariwisata ITDC Lot N5
Benoa, South Kuta, Badung Regency,
Bali 80363

Indonesia

Tel: +62 361 8492888
Email: H9078@SOFITEL.COM

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Contact Us

Marianne Ford
Media Partner and Press Enquiries
Financial Times
Luke McGreevy
Head of Commercial - Middle East and Africa
Financial Times
Lena Hung
Delegate Booking and Registration Enquiries
Financial Times

INTERESTED IN HOSTING AN EVENT?

If you would like to discuss organizing a similar event please contact:

Luke McGreevy

Head of Commercial - Middle East and Africa

+971(0)4 3914398

luke.mcgreevy@ft.com

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