The Union of Arab Banks discusses ways to support central banks for the capital markets … Sunday

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Mubasher: The General Secretariat of the Union of Arab Banks in Beirut is organizing, on August 24 and 25, a conference entitled “Central banks’ support for capital markets in light of the Corona pandemic.”

The conference will witness the participation of Arab and European stock markets, banks, Arab central banks and the International Monetary Fund, with Arab, European and American participation, according to the Saudi News Agency, “SPA”.

The Secretary-General of the Federation, Wissam Fattouh, explained that the conference will be attended by senior officials in central banks, heads of Arab stock exchanges and Arab and international capital market authorities, and a group of decision makers and senior banking and financial leaders.

He hinted that the conference will shed light on the reality of the Arab financial markets, especially the capital markets, the procedures for developing and activating them, and long-term financing mechanisms in light of the Corona crisis.

He continued, it also aims to focus on the role of Arab central banks in developing and activating capital markets and stimulating greater corporate involvement in them.

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