Mediterranean Bank Network AGM
The Mediterranean Bank Network recently held its AGM at the Banco Popolare, Verona, a member bank that currently chairs the network. The meeting discussed further incentives to continually increase intra-network business and share opinions and...
The Mediterranean Bank Network recently held its AGM at the Banco Popolare, Verona, a member bank that currently chairs the network. The meeting discussed further incentives to continually increase intra-network business and share opinions and experiences. This ongoing exercise will be discussed at the next official meeting this coming autumn.
The MBN is soon to celebrate the 11th year since it was established in the spirit of the EU's 'Barcelona Declaration: Euro-Mediterranean Partnership'. Membership is exclusive to one bank per country. The network's major objective is the strategic collaboration between its members in all areas, the reinforcement of their relationships and contributes to the internationalisation of banks and economies in the Mediterranean.
Member banks have a virtual presence in the member countries without incurring the substantial costs needed to set up overseas branches.
The current members include three of the founding members, Bank of Valletta (Malta), Nova Ljubljanska Banka (Slovenia) and Banque Internationale Arabe de Tunisie (Tunisia), as well as Commercial International Bank (Egypt), Banco Sabadell (Spain), Hellenic Bank (Cyprus), Banco Poplare (Italy), Israel Discount Bank, Bank of Jordan and Zagrebacka Banka (Croatia).
More information is available on the Website www.medbanknet.com. Any queries are to be forwarded to the managing director on info@medbanknet.com.