The financial landscape is undergoing a significant period of change, with banks facing heightened levels of regulation, the evolution of new technology capabilities introduced by fintechs, and ever-increasing client expectations. Furthermore, as a region heavily dependent on oil, the Middle East must also navigate low oil prices and subsequent budget deficits. Certainly, these are challenging times. At a BNY Mellon-hosted roundtable in Abu Dhabi, TXF sat down with a number of UAE banks to discuss the region’s economic developments, the evolving trade arena, and how banks are adapting to such change and leveraging the opportunities on offer.
To read the full write-up of the discussion, please click here (please note, free TXF subscription required)