NEWS | Wednesday, 18 July 2007

Mediterranean Bank Network convenes in Verona

The Mediterranean Bank Network recently held its AGM at Banco Popolare, a member bank that currently chairs the Network . The meeting offered the opportunity to discuss further incentives so as to continually increase intra-network business and the sharing of opinions and experiences. This ongoing exercise will be conferred at the next official meeting this coming autumn.
Mediterranean Bank Network is soon to celebrate its eleventh 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 hence contributes to the internationalisation of banks and economies in the Mediterranean . Member banks are advantaged with the fact that all have a virtual presence in the member countries without incurring the substantial costs required in setting up overseas branches.
The current members include three of the founding members namely Bank of Valletta (Malta), Nova Ljubljanska Banka (Slovenia) and Banque Internationale Arabe de Tunisie (Tunisia) as well as Commercial International Bank ,( Egypt) BancoSabadell(Spain) ,Hellenic Bank ( Cyprus) , Banco Poplare ( Italy) , Israel Discount Bank , Bank of Jordan and Zagrebacka Banka (Croatia).
More information is available on website www.medbanknet.com Any queries are to be forwarded to The Managing Director on [email protected]