International Arab Banking Summit 2015 starts today in Hungarian capital

AMMAN — The International Arab Banking Summit 2015 is to start Tuesday in the Hungarian capital, with the participation of several Arab and international sector leaders. 

Under the theme "Financial Inclusion for Social Development and Stability", the two-day event will look into means of serving the economy by increasing jobs and reducing poverty. 

It is also scheduled to discuss EU-MENA relations and is to review countries' experiences in increasing the usage of financial services. 

Featuring the participation of heads of central and commercial banks across the Arab world, the summit will discuss main challenges in financing small-and medium-sized enterprises.

Hungarian Prime Minister Viktor Orbán and other government personnel are to highlight the state of Hungarian economy and investment opportunities in the host country, according to a statement by the Hungarian embassy in Amman. 

The convention is also to announce the winner of the Arab Banker of the Year 2015 award. Speakers from Jordan are Adli Qandah, director general of the Association of Banks in Jordan, as well as Jordan Commercial Bank Vice Chairman Ayman Majali.