Mediterranean Bank Network (MBN), the non-profit banking organisation headquartered in Malta, recently addressed participants at the International Conference organised by the World Savings Banks Institute held in Barcelona. The event aimed at identifying best practices and highlight the social and economic role of banks

as promoters of the Union

for the Mediterranean. Mediterranean Bank Network (MBN) was represented by Ms Adelina Achilli on behalf of its member Banco Popolare. Ms Achilli presented views on the role of banks in contributing to the effectiveness of investment financing in North African countries and outlined the region economic situation, the effect of the worldwide financial circumstances and challenges ahead.

Through its member banks, Mediterranean Bank Network (MBN) has a physical presence in several Mediterranean countries represented by 9 member banks. The network markets the member banks regionally and enjoys the influence of forming part of a regional Euro Med banking association. MBN is therefore in a very strong position to regard it self as a voice for the Mediterranean financial services sector, hence its participation in several summits, conferences and seminars related to the Mediterranean region. Members of the Mediterranean Bank Network enjoy sole and exclusive representation of its country of origin, as only one bank permitted per Mediterranean country More information about the MBN can be found on its corporate website www.medbanknet.com.