The Banking Executive Magzine - July 2025 Issue

BRICS 2025 ROADMAP FOR ARAB BANKS With the expansion of BRICS to in- clude Egypt, Saudi Arabia, and the UAE, Arab banks are uniquely posi- tioned to capitalize on new financial, geopolitical, and technological op- portunities, while also facing struc- tural and regulatory challenges. A strategic roadmap for Arab Banks in the BRICS 2025 Era is needed to help them navigate the evolving land- scape. Our recommendations to Arab banks are: Aligning institutional goals with BRICS priorities like de-dollarization, infrastructure financing, and South, South cooperation. Fostering collaboration among Arab central banks to harmonize policies and present a unified voice within BRICS forums. Investing in cross, border payment platforms that support non-dollar trade, such as BRICS Pay or blockchain, based alternatives. Accelerating fintech adoption to compete with BRICS innovation hubs in AI, clean energy, and smart banking. Leveraging sovereign funds to co-fi- nance BRICS infrastructure projects and diversify investment portfolios. Engaging with the New Develop- ment Bank (NDB). Arab banks should seek co-financing opportuni- ties and technical partnerships with the NDB for sustainable develop- ment projects. Participating actively in BRICS+ fi- nancial summits and working groups to shape policy and access capital. Harmonizing Compliance Frame- works and aligning with BRICS bank- ing standards while maintaining compatibility with global norms (e.g., Basel III). Developing hedging strategies for currency volatility and geopolitical risks associated with BRICS realign- ment. Strengthening digital defence and en- suring that data governance aligns with regional and BRICS regulations. Offering tailored financial products for exporters/importers engaging with BRICS markets, including trade finance and Foreign Exchange (FX) solutions. Developing programs to help small and medium enterprises tap into BRICS, linked supply chains and in- vestment flows. Position Sharia, compliant products as a bridge between BRICS financial systems and Arab market needs. Developing internal expertise on BRICS economies, regulations, and financial instruments. Partnering with BRICS institutions for executive education, internships, and joint research. Arab banks are no longer just re- gional players. They are becoming architects of a new financial order. With bold vision and strategic execu- tion, they can turn BRICS 2025 into a launchpad for global influence. ISSUE 199 JULY 2025 the BANKING EXECUTIVE 47