Loan Market Association GCC Conference27 February 2006
The Loan Market Association (LMA) held its GCC Conference in Dubai on 22 February. This was the Association's third visit to the region and the attendance of close to 150 demonstrated the growing importance of the regional syndicated loan market.
The delegates, representing banks from across the region, as well as visitors from Europe, gathered for a range of presentations and discussions relating to key regional issues. Foremost among these was the LMA's expanding training programme. Demand in the region for appropriate training is strong and the LMA is now looking to arrange events tailored to the local market.
Kim Humphreys, LMA Chairman, said:
"The Middle East syndicated loan market has grown significantly over recent years, both in the sense of increased volumes and increased numbers of participants, and it was most encouraging to see such a high attendance at the conference. One of the key messages from local participants was the need for appropriate training and the LMA aims to meet this need quickly."