Home Business ‘Buna’ holds 36th virtual workshop to share latest achievements, new milestones

‘Buna’ holds 36th virtual workshop to share latest achievements, new milestones

by Dubai Forum
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ABU DHABI, 15th September, 2022 (WAM) — Buna (the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organisation “ARPCSO,” owned by The Arab Monetary Fund “AMF”), on Wednesday held a workshop to share the latest achievements and new milestones with its large community.

The workshop’s agenda comprises a panel of senior-level speakers from Abu Dhabi Commercial Bank (ADCB) and Arab National Bank (ANB) who will share their practical experiences in utilising Buna system. The workshop will also cover other topics to update the Buna community on the progress achieved on key technological and regulatory matters, as well as the evolution of the participation and payments activity in Buna.

The workshop will host more than 200 senior officials representing central banks and various institutions from the region’s financial, banking, and payment sectors and beyond.

On the occasion, Mehdi Manaa, Chief Executive Officer of Buna, said, “Buna is not about one more option to process payment. Buna is a transformative solution that enhances the efficiency of all existing and future payment options. It enables banks in the Arab world and beyond to provide their clients with a tangible value in the form of a streamlined cross-border payment solution in multiple currencies that is efficient, fit for multiple use-cases, secure, and compliant with global best practices.”

WAM/Rola Alghoul/Esraa Ismail

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