Libya Banking apr07i

Supporting Organisations
General People’s
Committee for Finance
Under the Patronage of
National Planning
Council Libya
In Cooperation with
Libyan Economic
Development Board
Updated
Programme
Banking for
Development
1st International Conference
General People’s
Committee for Planning
Central Bank of Libya
Libyan Foreign Bank
OPPORTUNITIES & CHALLENGES
An essential networking conference that will promote and clarify the major issues
required to further elevate one of Libya’s most important economic sectors!
Libya Tax Authority
The Corinthia Bab Africa Hotel, Tripoli, Libya
18th – 19th June 2007
National Banking
Corporation - Libya
Al Jamhuria Bank- Libya
Trade & Development
Bank - Libya
Sahara Bank - Libya
Keynote Address
H.E. Farhat Omar Bengdara
Governor
Central Bank of Libya
Umma Bank - Libya
Libyan Financial Stock Market
Gold Sponsor
Amman Bank
United Insurance Company
Bronze Sponsor
Refreshment
Break Sponsor
Delegate Bag
Sponsor
Organised by:
Supporting Media
Official on-line
Media Partner
≈ª¶©dG ájÒgɪ÷G äÉYGPE’ áeÉ©dG áÄ«¡dG
International Financial
Services London
Libyan Broadcasting Board
Please visit us at www.ibcgulfconferences.com
MARKETING OPPORTUNITIES
Debating market issues
Increase
your
Negotiating new business
competitive
After hours networking
advantage
during
NATIONAL PLANNING COUNCIL FOR LIBYA
Dear Executive,
‘Banking & Finance in Libya’ to reach out and
network with industry leaders, key decision makers
in
government
bodies
and
international
organizations.
Also utilize this opportunity for branding and
showcasing your products & services to the high
profile delegates.
Choice of Marketing Opportunities Available
Commercial Sponsorships
Speaker Opportunities
Sponsorship of Periphery Events
Conference Material Sponsorship
Advertising
Exhibiting space
It is our great pleasure to announce that the ‘1st Libyan international conference on Banking
& Finance in Libya – Opportunities and Challenges’ will be organised under the patronage
and support of the National Planning Council and in cooperation with the Economic
Development National Board, on 18th – 19th June 2007 at the Corinthia Bab Africa Hotel,
Tripoli, Libya.
With senior delegates expected to attend both from the MENA region and internationally,
the banking and finance community will be well represented as the important vehicle for
promotion of Libya Government’s plans for further reform and liberalise the economy.
Given the important contribution that Libya stand’s to make in the coming years towards
the global economy, conferences of this kind make an important step towards providing
executives with the appropriate information needed to allow foreign banks to establish
operations in this country.
We are confident that this important conference, will provide the necessary platform from
which to promote to the international banking & finance community the vast opportunities
that are currently available to the private sector here in Libya.
Key Marketing Benefits
Innovative & Unique Branding Opportunities
Accreditation and Logos On Conference material
Accreditation On Press Releases
Logos On Advertisements In Industry Magazines
Complimentary Delegate Passes
We here at the National Planning Council and the Economic Development National Board,
will be represented through our delegation at the conference and I am looking forward to
both participating in the discussions as well as meeting with international bankers, financial
managers and investors over the course of the days.
For further details please contact:
Arshed Hussain
Exhibition & Sponsorship Manager
LIBYAN ECONOMIC DEVELOPMENT BOARD (EDB)
Tel: +971 4 336 9992 Fax: +971 4 336 0116
Email: [email protected]
W H O S H O U L D AT T E N D ?
•
•
•
•
•
•
•
•
•
Company Presidents & CEOs
Chief Executive Officers
Chief Financial Officers
Chief Investment Officers
Chief Compliance Officers
Chief Risk Officers
Directors of Investment Cos.
Managing Partners
Directors, Equity Strategy
• Directors, Alternative
Investments
• V.Ps Business Development
• Consultants
• Regional Directors
• Project Developers
• Insurers
• General Managers
• Emerging Market Analysts
If you wish to meet with any of the
Minister’s or Senior Governmental
Officials listed in this programme, to
discuss commercial opportunities in
more detail. Please contact Mr. Mohamed Alhuari
on e-mail: [email protected]
Mobile: +00 218 92 500 9786
PHONE
PHONE (+971
(+971 4)
4) 336
336 9992
9992
What is EDB?
The Libyan Economic Development Board (EDB) is a special purpose action-orientated
agency set up by the government and given the required powers to design and implement
the country’s most important economic reform initiatives. It is sponsored and fully
supported by the top-leadership of the country, has a strong and capable team, and has
significant powers and a substantial budget to execute its mandate.
What will the LEDB do?
The LEDB will design and execute campaigns that address Libya’s core reform priorities, by
reducing red tape and facilitating rapid decision-making and action on critical economic
issues. This will improve productivity in the public and the private sectors, help diversify the
economy, create employment and provide new economic opportunities for Libyans. In
many instances, the LEDB will lead the design of campaigns, then work with relevant
Ministries in the early stage of implementation, and then transition the campaigns fully to
the Ministries as they develop the capacity to manage these on their own.
Specifically, the mandate of the Libyan EDB will be three-fold:
•
•
•
FAX
FAX (+971
(+971 4)
4) 336
336 0116
0116
Lead priority initiatives, promoting new business formation, human development,
wealth distribution, international partnerships and cluster development
Advise other public entities in implementing their agendas and programmes; and
Follow-up on the overall national reform programme as laid out for the country
E-MAIL
E-MAIL [email protected]
[email protected]
ON-LINE
ON-LINE www.ibcgulfconferences.com
www.ibcgulfconferences.com
CO N F E R E N C E OV E R V I E W
Since the normalization of relations between
Libya and the international community, the
Libyan government has been on a course of
economic reform and liberalization since the
middle of 2004. In order to bolster this
programme, the Libyan government has been
paying greater attention to the banking and
financial services sector and in-turn is placing
a high priority on a reform programme to
improve the country’s economic welfare
through the development of private sector
enterprise, aimed at increasing the flow of
investment into the economy.
In the context of reform policies, The World
Bank recommended to invest a massive
amount of money within three years, in the
development of IT Infrastructure, a national
clearing-house system, ATM’s and staff
training. An improvement in transparency has
been also sorted by the Libyan government
through the establishment of a national bank
reporting system.
MAIN CONFERENCE PROGRAMME
19.30
Pre-Conferece
Networking
Reception Hosted By:
17th June 2007
DAY ONE
18th June 2007
Central Bank of Libya
08.30 – 09.30
Registration and
Morning Refreshments
09.30 – 11.00 Session 1:
Keynote Opening Speeches
The Conference Chairman’s Opening
Remarks
Mohammed H. Layas
Chairman
Arab Banking Corporation &
Vice Chairman and General Manager
Africa - Libya Investment Portfolio, Libya
(Former Chairman and CEO of Libyan Foreign Bank)
In addition, the recent sale of the Central Bank
of Libya’s share in both Sahara and Wahda
Banks to local investors have set in motion
privatization procedures in Libya. Moreover,
the Central Bank of Libya is also planning to
set the market conditions and legal
requirements for foreign banks to participate
in the Libyan market.
The restructuring of the banking and financial
sectors, are aimed at creating a new image to
the commercial, legal and financial
environment, through the facilitation of a new
framework for regional and international
investors in Libya.
This high level and unique conference, will
give executives from the regional and
international banking and finance sector, a
complex insight and rare opportunity to
network with some of Libya’s most influential
governmental officials. A comprehensive
programme will analyse the significance and
impact of the banking reform programme, it
will also assess how and when the proposed
changes will take place and what
opportunities lie ahead.
CONFERENCE OBJECTIVES
Support the role of the banking and
financial services sector to facilitate its
role in serving the Libyan economy
Create a positive and open platform
from which to debate the salient issues
impacting the development and
promotion of the banking and
financial services sector in Libya
Encourage and promote co-operation
between the Libyan banking sector
and international banking and
financial
organisations
and
institutions
Introduce new strategies that further
advance banking techniques and
practices in Libya
PHONE (+971 4) 336 9992
Co-Chairman’s Address
Adnan Kassar
Chairman
General Union of Arab Chambers of
Commerce, Industry and Agriculture &
Chairman & CEO
The Fransabank Group, Lebanon
Welcome Address from the National
Planning Council
Dr. Mahmoud Gebril
Chairman
National Planning Council, Libya
Keynote Opening Addresses:
Outling prospective monetary policies
and banking sector re-structuring
H.E. Farhad Binkdara
Governor
The Central Bank of Libya
Fiscal policy in Libya
Senior Speaker Invited
General Peoples Committee
for Finance, Libya
Economic, trade and investment policies
in Libya
Senior Speaker Invited
General Peoples Committee
for Economy, Trade and Investment,
Libya
Libyan oil: future strategies
Dr. Shukri Ghanem*
Chairman
National Oil Corporation, Libya
11.00 – 11.30
Networking
Refreshment Break
FAX (+971 4) 336 0116
11.30 – 13.00 Session 2: The Banking and
Financial Services Sector in Libya –
Current Status and Future Prospects
The future role of the banking and
financial services sector in Libya
Abdulfattah Ghaffar
General Manager
Umma Bank, Libya
The current challenges facing the Libyan
banking sector
Hadi Jtelly
Chairman
Wafa Bank, Libya
An analysis of the financial and
investment environment in Libya:
achievements and challenges
Florence Eid
Independent Banking Advisor, UK
Former Vice President & Senior Economist for
MENA, Emerging Markets & Strategy,
JP Morgan
Libya, the new big opportunity
Steve Brice
Senior Economist
Standard Chartered Bank, UK
13.00 – 14.30
Networking Lunch
14.30 – 16.00 Session 3: The Role of
International Financial Institutions For
Re-Structuring The Banking And Financial
Institutions In Libya
Session Chairman’s Keynote Address
Major pillars for developing the Libyan
banking sector and the potential role of
the Union of Arab Banks in this
perspective
Dr. Fouad Shaker
Secretary General
The Union of Arab Banks, Lebanon
Striking the correct balance:
accommodating foreign bank and host
country objectives
Michael J. Hodges
Business Development Director, MENA
HSBC, UK
The international Forfaiting Association
and its role in the promotion of the
Forfaiting as a solution for traditional
financing in the MENA region
Wassila Hamdi Ben Amor
Chairperson of IFA-MENA Regional Committee
& Head of Syndications & Forfaiting
Tunis International Bank, Tunisia
Representative offices as a first step in
establishing foreign operations in Libya
Ahmed Bakkoush
Chief Libya Representative
Qatar National Bank, Qatar
A Libyan bank’s privatization experience Sahara Bank
Dr. Salem Al-Gmati
Chairman
Sahara Bank, Libya
Invited*
E-MAIL [email protected]
ON-LINE www.ibcgulfconferences.com
MAIN CONFERENCE PROGRAMME
The re-structuring of a state-owned bank to
become a private sector bank as part of the
banking reform programme
Hesham Hamdy
Chief Risk Officer
Bank of Alexandria, Egypt
Management liability in the financial
services sector: finding your way in the
corporate jungle
• Factors to consider
• Governance models
• Middle East overview
• How to protect Directors and Officers
Senior Executive Confirmed
AIG Insurance
Enhancing the banking infrastructure in
Libya through SWIFT solutions,
an in-depth analysis with reference to
regional case studies
Ayman Fathallah
Director of Business & Marketing
EastNets, Jordan
The specialized banks and its role in
backing economic activities
Case Study - The Development Bank - Libya
Sedik Shaibi
General Manager
Development Bank, Libya
The way to efficiently increase returns on
the investment side and reduce cost of
debt- an international bank’s experience
Andreas Koutras
Head of IRD Structuring &
Jean-Sylvain Forneri
Head of IRD Distribution, Central & Eastern
Europe, Middle East and Africa &
Khaled Maleh
Sales - CEEMEA
Interest Rate Derivatives & Hybrids
Calyon, France
Opportunities for project finance in Libya:
An overview
Dr. Harald Raffay
Head of International Division
BAWAG, P.S.K., Austria
18.00
Chairman’s Summation, Concluding Remarks
& Recommendations
19th June 2007
08.30
Morning Refreshments
09.30 - 11.00 Session 5: Investment and
Financial National Institutions
Responsibilities in Supporting Economic
Activities
The Libyan stock market and the Economic
Growth and Efficiency
Suliman Salem Alshohomiy
General Director
The Libyan Exchange Stock Market
PHONE (+971 4) 336 9992
(Former Chairman and CEO of Libyan Foreign Bank)
11.30 – 13.00 Session 6: Development
Institutions and Financial Functions to
Further Economic and Social Activities
16.30 - 18.00 Session 4: Project Finance
Accomplishments and challenges in
developing Libya’s national technology
infrastructures: the case of banking
Aref Ali Nayed
Managing Director
Agathon Systems Ltd, UAE
11.00 – 11.30
Networking Refreshment Break
16.00 – 16.30
Networking
Refreshment Break
DAY TWO
The Libyan investment portfolios – the total
perspective - The Africa - Libya Investment
Portfolio
Mohammed H. Layas
Chairman- Arab Banking Corporation &
Vice Chairman and General Manager
Africa - Libya Investment Portfolio, Libya
Regional financial and development
institutions in meeting the challenges of
improving economic and social conditions Case Study: The Arab Fund for Economic
and Social Development - Kuwait
Senior Official Invited
The Arab Fund for Economic and Social
Development, Kuwait
The Tunisian financial institutions
experience in developing the private sector
Kamal Naji
Chairman
The Libyan – Tunisian Bank for Trade
Development, Libya
The prospective role of the financial and
investment funds in Libya
Hamed A. Al-Hodairy
General Manager
Economic and Social Development Fund,
Libya
The role of private equity in the
development of the Libyan economy
Adel A. Saudi
CEO &
Abdulla Boulsien
Managing Director
Tuareg Capital
13.00 – 14.30
Networking Lunch
14.30 – 16.00 Session 7: Developing the
Framework to Further Elevate the
Importance of the Finance & Banking
Services Industry in Libya
A review of the current Libyan banking
activities overseas and future strategies
Mohamed Najib Al Jamal
General Manager
Libyan Foreign Bank, Libya
The importance of a tax policy for foreign
banks
Al boushy Allafi
General Manager
The Tax Authority, Libya
FAX (+971 4) 336 0116
The legal regime & security of foreign
investments in Libya: national &
international perspectives
Farouk Yala
Attorney at Law
Avocat au Barreau de Paris, France
Prospects of business opportunities in
Libya - with special reference to the
financial services industry
M.H. Bouldoukian
Head, Financial Institutions in MENA Countries
Bank of Beirut, Lebanon
(Former Deputy Governor Central Bank of Lebanon)
The implementation of an Operational Risk
Management System – challenges and
solutions
M. Nasser Barakat
Consultancy Director
Aldar Audit Bureau (Grant Thornton – SA)
16.00- 16.30
Networking Refreshment Break
16.30 – 18.00 Session 8: A Review of the
Banking and Finance Experience of Other
Regions and the Application to Libya
Representative offices as a first step to
establishing foreign operations in Libya
A senior speaker to be announced
A review of past co-operation between
Libyan and foreign banks
A senior speaker to be announced
Consumer lending solutions and the role of
Credit Bureau’s in the economy
Sherif Abdel-Kader
Director
Haydrian CEMA, Egypt
The prevention and detection of money
laundering: implementing best practices
with reference to both international and
the regional experience of Gulf countries
Dr. AbdelGadir Warsama Ghalib
Manager, Legal Dept
Bank of Bahrain & Kuwait
& Professor of Law
American University, Bahrain
18.00
Chairman’s Closing Summation, Concluding
Remarks & Recommendations
E-MAIL [email protected]
Invited*
ON-LINE www.ibcgulfconferences.com
ABOUT THE SPONSORS
GOLD SPONSOR
Citadel Capital is a leading Cairo-based private equity firm focused on buyout opportunities in the Middle East and North Africa Region,
primarily in Egypt.
Over the past two years, Citadel Capital has executed some of the most compelling and successful private equity transactions in Egypt
and the region, building a strong track record and an outstanding investor base, and investing over US$1.5 billion.
Key transactions include the acquisition and turnaround of the ASEC Group, a leading Egyptian cement group; and the buyout of Egyptian
Fertilizers Company for US$739 million, which is the largest M&A transaction in Egyptian history and the largest private equity deal to date in the
Middle East.
BRONZE SPONSOR
Established in 1972 as "Unione delle Banche Arabe ed Europee", UBAE is a banking corporation funded by Italian and Arab capital.
Shareholders include major banks - Libyan Foreign Bank, Misr International Bank, Bank Al-Maghrib, Banque Marocaine du Commerce
Extérieur, Capitalia, Monte dei Paschi di Siena (Sansedoni), Sanpaolo IMI – and large Italian corporate groups: Eni (SOFID) and Telecom
Italia.
The mission UBAE has set for itself is to become the advisor of choice and a privileged partner for business enterprises and financial
institutions looking to introduce or expand trade, industrial and/or financial relations between Europe and countries in North Africa and the
Middle East.
UBAE offers a wide range of services and boasts unique expertise in every form of banking relevant to clients engaged in business on Arab
markets, from export financing, letters of credit and documents for collection to finance, syndications of loans and risks and on-site professional
assistance.
Thanks to unremitting effort and over 30 years' experience, UBAE today is a lively bridge and a powerful link between Europe and countries in
North Africa and the Middle East - a solid, reliable reference point in the market for foreign-trade services targeting this region.
www.bancaubae.it
D AY O N E - R E F R E S H M E N T B R E A K S P O N S O R
Calyon is a subsidiary and the Corporate and Investment Bank of the Crédit Agricole Group, the largest banking
organisation in France.
In February 2007, Calyon commemorated its first year of operation in Libya. Calyon’s activities are organised into two major divisions: Capital
Markets, Brokerage and Investment Banking, and the Financing division, offering its corporate and financial institution clients a full range of
products and services.
Credit Agricole has a presence across the entire spectrum of banking and finance activities and the group is a European leader in terms of
domestic market position. It ranks No. 2 in Europe and fifth in the world in terms of capital.
It has 9,100 branches spread around the world. It boasts of 134,300 employees throughout the world, and 21 million customers.
www.calyon.com
D E L E G AT E B A G S P O N S O R
FRANSABANK’s legacy is built on a heritage of 86 years of professionalism, experience, development and growth. It is
committed to:
Expanding into selective regional and international markets. Till now FRANSABANK is operational in: • In
France through FRANSABANK (France) • In Algeria through FRANSABANK El-Djazair
of Islamic ‘Capital Bank’
opening a representative office
•
In Sudan through the shareholding
• In Syria through FRANSABANK Syria (to be operational soon) • And lately, in Libya where it is
Exceeding its customers’ expectations and fulfilling their needs and demands. Striving for differentiation in
quality service to its existing and potential clients, strengthening the culture of entrepreneurship, decision-making and teamwork. Generating
increasing value for its shareholders in a dynamic manner and solid sustainable grounds.
Keeping close to its clients and its communities by
exercising the highest level of corporate and social responsibilities.
www.fransabank.com
PHONE (+971 4) 336 9992
FAX (+971 4) 336 0116
E-MAIL [email protected]
ON-LINE www.ibcgulfconferences.com
Banking & Finance in Libya
1 8 t h – 1 9 t h J u n e 2 0 0 7 , Th e Co r i nt h i a B a b Af r i c a H o t e l , Tr i p o l i , L i bya
Registration & Enquiry Form
Conference Reference Conf E7404
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HOTLINE
(+971 4) 336 2992
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3rd Annual Syndicated
Lending in the GCC
29-31 October, 2007 Johannesburg,
South Africa
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Country:
05-06 November 2007, Dubai, UAE
African Islamic Finance
Conference
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E-MAIL
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Syndicated Lending in
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11th – 12 December 2007,Tunisia,
North Africa
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T E R M S
Payment is due immediately upon receipt of the invoice and it
includes lunches, refreshments, and conference materials. Your
place at the conference is not secure until payment has been
received and is subject to cancellation if no payment has been
received by the start of the event.
A C C O M M O D A T I O N
P R O G R A M M E
Venue:
The Corinthia Bab Africa Hotel, Tripoli, Libya
Tel: +218213351990 Fax: +218213351992 Email: [email protected]
Accommodation:
C H A N G E
P O L I C Y
Please note the speakers and topics were confirmed at the time of
publishing; however, circumstances beyond the control of the
organisers may necessitate substitutions, alterations or cancellations
of the speakers and/or topics.
C ANCELL ATION & SUBSTITUTIONS
A number of bedrooms have been booked at The Corinthia Bab Africa If you should cancel by 4h June 2007, you will receive a refund less a
Hotel, Tripoli. For hotel confirmation please contact Mr. Abdul service charge of UAE Dhs. 485. We regret that no refunds can be
Monem Nageh on Tel + 218214443865 Fax +218214442862 or made for cancellations received after 4h June 2007. Substitutions are
welcome at any time.
Email: [email protected] / [email protected]
DATA PROTECTION
V I S A
I N F O R M A T I O N
Visa will be issued at the Tripoli International Airport on
arrival. Please provide your flight details in advance to Mr.
Abdul Monem Nageh at Sahara Libya on Tel + 218214443865
Fax +218214442862 or Email: [email protected] /
[email protected]
The personal information shown on this brochure, or provided by you
will be held on a database and may be shared with companies in the
Informa Group internationally. Sometimes your details may be
obtained from, or made available to external companies for marketing
purposes. If you do not wish your details to be used for this purpose,
please write to the Database Manager, IBC Gulf Conferences, P.O. Box
15078, Dubai, United Arab Emirates. Tel: (+971 4) 336 9992 Fax: (+971
4) 336 0116 Email:[email protected]
For further information on any of the
above events
please call +971 4 336 9992 or
e-mail: [email protected]
Please visit us at www.ibcgulfconferences.com