The Eastern Mediterranean University (EMU) Business and Economics Faculty, Department of Banking and Finance “3rd International Conference on Banking and Finance Perspectives” commenced on Wednesday the 25th of April 2018. The conference commenced at 10:00 with an opening ceremony that took place at the Rauf Raif Denktaş Culture and Congress Hall. The conference supported by the Turkish Republic of Northern Cyprus (TRNC) Central Bank will continue on the 26th and 27th of April 2018.
Speaking at the opening of the conference EMU Department of Banking and Finance Chair Assoc. Prof. Dr. Nesrin Özataç indicated that the conference will bring together numerous academicians and bankers in the TRNC who will share the latest research on banking and finance after the global financial crisis. Opportunities and risks of global financial markets will also be discussed. As pointed out by Assoc. Prof. Dr. Özataç approximately 150 expert banking and finance academicians from 23 different countries will be participating in the conference at which 80 declarations will be discussed in 15 sessions.
EMU is an education institution that sets standards
In a speech of his own, EMU Vice Rector for Academic Affairs Prof. Dr. Hüseyin Özkaramanlı provided information about the university and its large family. Stating that EMU is an institution which sets education standards in the country, Prof. Dr. Özkaramanlı underlined the importance it gives to accreditations. Touching upon EMU’s accreditations Prof. Dr. Özkaramanlı described their biggest aim as to ensure that all programs become accredited. Noting that one of their duties as a state university is to service the community and humanity, Prof. Dr. Özkaramanlı spoke about the numerous academic events they host in this context.
Nami: “We aim to make TRNC attractive to local and foreign investors”
TRNC Minister of Economy and Energy Özdil Nami expressed his satisfaction regarding being at EMU highlighting the importance of the international conference. Minister Nami stated that TRNC’s economy is comprised of approximately 4 billion TL and that education plays an important in the economy. Nami relayed future plans after indicating that they aim to make TRNC attractive to local and foreign investors.
Following the opening speeches, Prof. Dr. Özkaramanlı presented a plaque of appreciation to TRNC Central Bank representative Hayri Bender for their contributions to the conference. Prominent academician Prof. Dr. Philip Molyneux (University of Sharjah, UAE) then delivered a presentation titled “Latest Developments and Future Work Opportunities in Banking”.
On the second day of the conference Prof. Dr. Colin C. Williams (University of Sheffield, England) will be delivering a presentation titled “Shadow Economy and Alternative Policies”. On the third day of the conference Prof. Dr. Muhammad Shahbaz (University of Monrtpellier, France) will be delivering the presentation titled “The Effect of Asymmetric Growth on Financial Development”.