The National Bank of Rwanda (BNR) in partnership with the Private Sector Federation (PSF) are organising the first ever East African Financial Service Exhibition from December 2-6, 2009.

Ephrem Karangwa, the Promotions and affairs Manager at PSF said the initiative is intended to attract public and private companies that are directly or indirectly involved in the financial sector.

"The exhibition will provide a unique sale and marketing opportunity as well as a networking platform for the participants who will attend this important regional event,” said Karangwa.

The financial services trade fair that will be held at the Gikondo expo grounds also intends to recognise exceptional achievement by the financial sector in its efforts to create positive change to the development and growth of the region.

According to the PSF, there are more than 10 Rwandan institutions that have so far confirmed their participation as many foreign continue to register.

Among the targeted institutions are central banks, commercial banks, insurance companies and brokers, pension insurance companies and investment companies.

The PSF also said that the networking during the exhibition will be a better tool to promote competition which will help in promoting further investment and diversification in the sector.

Alongside this exhibition, there will be several activities that are meant to impact like debates on financial issues, matchmaking of financial products and investment proposals as well as a symposium whose main topic will reflect the financial status of the region.

This initiative is also built on the assumption that the sector is getting vibrant in such a way that it covers the short-term money market and stock exchange market operated by the central banks. 

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