Arab banks are well prepared to counter cyber-security challenges

Wissam H Fattouh, Secretary-General of Union of Arab Banks, and Nizam Deen, founder and Chief Executive Officer (CEO) of CS Events, at the inauguration of 2nd Middle East Banking Revolution Summit in Dubai on Monday

CS Event’s Second Banking Revolution Summit, which started in Dubai on Monday, will end on Tuesday and focuses on disruptive technology as assets of 520 banks in the Arab World exceed $4.25 trillion in 2021with deposits reaching $2.65 trillion and loan advances exceeding $2.6 trillion by September 2021, according to Union of Arab Banks.