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Istanbul to host Istanbul Finance Summit next week

21 September 2010 07:55 (UTC +04:00)

Leaders of the North American, European, East Asian and Gulf financial institutions and organizations will gather in Istanbul.

The annual summit will be organized by PGlobal, Yedi24 Group of Companies and Germanyâ€™s Financial Gates GmbH at the Bahceseher University.

It will be the first international financial summit including nine different panel meetings and first event within the project of making Istanbul an international financial center.

The summit participants will focus on the situation of finance and economy in the world.

Turkeyâ€™s state minister and deputy prime minister Ali Babacan, MP Cuneyt Yuksel, secretary of treasure Ibrahim Canakci, head of investment market organization Vedat Akgiray, head of the Central Bank, Durmus Yilmaz, head of Istanbul Stock Exchange Huseyn Erkan, head of Istanbul Chamber of Commerce Murad Yalchintas, head of German Federal Financial Control Jochen Sanio, chairman of the Mexican Central Bank Augustine Karstens, president of the Islamic Development Bank Ahma Mohammad Ali, member of the Polish Central Bank Board of Governors Zbignew Hochcuba, City Group senior economist William Buiter are expected to attend the summit.

Panel sessions about the normalization of situation in financial sector after the global crisis, financing of trade and insuring of export loans, Islamic finance, Islamic banking and investment markets, financing of energy and local projects, private investments, investment markets and alternative financial resources and other themes are planned to be held.

Azerbaijanâ€™s APA news agency is IFS 2010â€™s official media partner.