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Tehran Hosting Conference on Banking Industry, Global Economy

Service : Economy
TEHRAN, July 3 (ICANA) – An international conference with the theme of banking industry and global economy opened in Tehran on Sunday.
Sunday, July 03, 2011 10:54:33 PM
Tehran Hosting Conference on Banking Industry, Global Economy

The main objective of the two-day conference is to study the role and the situation of Islamic banking in the recent global financial recession, IRIB reported.

Analyzing the development of banking and financial system in Iran, accomplishments and challenges of global economy, are other objectives of the conference.

The 2008 global economic meltdown, which dampened many economies across the world, had a small negative impact on Iran economy and on Islamic banking system as well. This issue can be a matter of interest for Western countries.

According to the report, high-ranking officials of international organizations including the International Monetary Fund, the World Bank, the Islamic Development Bank, the Asian Development Bank and the Islamic Financial Services Board are participating in the conference.

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