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The annual Electronic Payments and Internet Banking summit will be held in the Kingdom of Bahrain on 27–28 March 2018 under the chairmanship of Mr. Abdulkarim Bucheery, Chairman of the Bahrain Bourse.
The summit is organized by EastMed Limited, a London-based company, in partnership with Bahrain Bourse, the Bahrain Banking Association and the Bahrain Insurance Association. In addition, many organisations such as the Information and E-Government Authority, the Economic Development Board, the Central Bank of Bahrain, Ahli United Bank, CreditMax and Tamkeen have confirmed their participation. The summit is sponsored by Al Tamkeen, Baraka Banking Group, the Benefit Company, Ibdar Bank, Bahrain Islamic Bank and GPS.
Mr. Bucheery said, ‘The summit is an ideal, practical opportunity to highlight the role of Bahrain in the field of government and electronic banking and the use of facilities and electronic devices used to complete transactions in the public and private sectors, which provides a positive, nurturing environment for various businesses. The conference will also discuss the latest developments in the field.’
Mr. Bucheery added, ‘The Electronic Payments and Internet Banking summit is a real opportunity to discuss strategies, policies and mechanisms and then devise practical proposals and solutions to develop the business environment and make it an attractive environment for internal and external investments.
The summit will shed light on the best practical applications in the field of operations and electronic banking. It is pointless to talk about productive working environments in sectors such as finance and banking without mentioning the importance of providing effective tools and mechanisms to facilitate smooth operations. This will be done through lectures and workshops by experts, academics and executives in this field as well as reviews of successful experiences and stories from the public and private sectors demonstrating remarkable achievements in this area.
Mr. Bucheery noted that national economies, governmental organizations and non-governmental organizations cannot provide services or products that satisfy customers without continuously improving their services in terms of quality and price. He added, ‘We should not lose sight of our plans in the service delivery process. The question of competitiveness is to maintain the best in terms of services, product and price. Those who offer the best remain on the competitive map.
Bucheery urged ministries, government agencies, organisations in the financial and banking sectors, companies and institutions involved in electronic payments and banking services in the Kingdom of Bahrain and Gulf Cooperation Council (GCC) countries to participate actively in this important summit because participants will discuss current issues and look to the future.
‘Preparations are under way for the conference. We have finalized most of the arrangements for the conference, and we seek to attract all sectors of business, whether governmental or private, from within Bahrain and from the GCC,’ Mr. Bucheery said.
Summit organisers hope more than 200 participants from inside and outside Bahrain will participate in the conference.
