Buna holds its 36th virtual workshop to share latest achievements and new milestones

The workshop will host leading banks from United Arab Emirates and Kingdom of Saudi Arabia that will share their experiences of Buna

More than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of regional and global financial institutions

Abu Dhabi, 15th September 2022: Buna (the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF”), holds today a workshop to share latest achievements and new milestones with its large community.

The agenda of the workshop 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 utilizing Buna system. The workshop will also cover different 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, along with various institutions from the financial, banking, and payment sectors in the region and beyond.

At this occasion, Mehdi Manaa, Chief Executive Officer of Buna said: “Buna continues to demonstrate progress at multiple levels. The satisfaction of our users, the resiliency of our operations, our compliance with international regulatory standards and the sustainability of our business are four fundamental pillars for Buna. I am very happy that we are in the position to share tangible achievements on all these fronts during today’s edition of our monthly workshops”.

Mehdi added “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.”