(openPR) - The Middle Eastern banking & financial sector is facing newer challenges in terms of narrowing spreads, new banking products and players and mergers and acquisitions. Change is the only constant factor in the dynamic arena of banking & finance. The elemental essence of how people bank in the region is undergoing rapid transformation, pushing the segment towards efficiency of operations, reduced operating margins, better asset/liability management, even promising any time and any where banking. All these changes call for a new, more dynamic, aggressive and challenging work culture to meet the demands of customer relationships, product differentiation, brand values, reputation, corporate governance and regulatory prescriptions.
Shefiu Ismael, Conference Producer at Fleming Gulf quotes “The main challenges faced by Middle Eastern banking are the role of financial instrumentation in different phases of the business cycle, the emerging compulsions of the new prudential norms and benchmarking the regional financial system against international standards and best practices while protecting the falling margins due to the impact of competition. Analysing the vast diversity in the size of the institutions and asset liability profiles as well, it becomes very difficult for a few of them to meet the new benchmark of global standards.”
The 4th Annual Achieving Operational Excellence Forum, houses senior executives with regional and international expertise, who will highlight the rigours and significance of keeping with the times, indicate the role of effective service quality, identify methods of not just keeping your head above the water, but your feet firmly on the ground with the rising competition in the sector. Other key areas would include detecting methods of enhancing productivity, managing the concept of perpetual change and the implications on operations, indicative technologies driving operational excellence and the ever pressing concern of customer retention and the attitudes towards customer service within the institution.
Fleming Gulf provides a unique opportunity to hear success stories, analyse case studies and discuss concerns with the industry leaders. The fourth instalment picks up where the third annual event left off, with the emphasis on business & service excellence and the outlook of the impending radical change that will engulf and change the way the Middle Easterners bank.
In the current scenario where change is invisible, it is not enough if a bank intends to change with the change, but they will have to aggressively change before the change.
Fleming Gulf, LLC
DAFZA
po box 54772
Dubai, UAE
Fleming Gulf, a member of Jacob Fleming Group, specializes in developing strategic business-to-business conferences for the Middle East & North African market. Our vision is to be the premier choice of organizations worldwide seeking strategic knowledge in a rapidly changing environment.
Fleming Gulf articulates its passionate belief in the power of knowledge through the provision of leading-edge business conferences. Our conferences welcome leading industrial experts from the international business arena for a high class executive meeting held in the most prominent premium hotels around the region.
With the launch of our operations in Dubai, Fleming Gulf has fast established itself as a leading provider of business intelligence solutions. Since its inception in 2005, Fleming Gulf conferences have been known to provide highly prestigious environment to discuss the questions of the day with the regional and global leaders from the Oil & Gas, Banking & Finance, Real Estate, Telecom and many others at over 50 large-scale networking events.
Our aim is to link business with intelligence through the creation of the most informative, interactive and business-friendly meetings. Our conferences foster the development of productive long-term relationships and it is our goal to build and maintain strong, lasting networks within the burgeoning Middle East business community.
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