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26/10/2010

Gulf Bank "Platinum Sponsor" of Kuwait's Financial Forum

Kuwait " 26 October, 2010: Gulf Bank today announced that it is a Platinum sponsor of Kuwait's Annual Financial Forum, which will take place from 31 October to 1 November 2010 in Kuwait, under the patronage of the Prime Minister H.H. Sheikh Nasser Al-Mohammad Al-Ahmad Al-Jaber Al-Sabah. The Financial Forum, organized by the Iktissad Wal Amal Group in cooperation with the Central Bank of Kuwait and Kuwait Banking Association.

Michel Accad, Gulf Bank's CEO said: "We are delighted to be sponsoring Kuwait's Financial Forum this year.  Our sponsorship demonstrates our continuous effort in supporting national economic activities which aim to address and analyze developments in the banking and financial industry as well as future prospects. This public forum is a great platform to discuss the continuing impact of the global financial crisis and the nature and extent of the financial and banking reforms required across Arab economies."

This year, the Financial Forum will include topics such as the near term prospects in global economy recovery, the challenges presented in the development of Arab economies, the requirements as well as priorities for enhancing the international financial system, future reform implications of Arab banks, opportunities for greater investment projects across regional markets, and Kuwait's development plan.

The Forum builds on the success of the first Financial Forum held in 2009, and is expected to attract prominent figures in the finance and banking industry, Arab finance ministers from across the region, central bank governors, renowned economists, bankers, and executive managers and heads of most banks and financial institutions in the Arab world.

Michel Accad, Gulf Bank's CEO

CEO-August 09

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