ANAPOLIS, Md., the Maryland Bankers Association (MBA) hosted its 15th annual “First Friday” Economic Outlook Forum at the Renaissance Harborplace Hotel in Baltimore, MD. Hundreds of distinguished economic experts and business leaders came together to discuss current events and the future of the region’s economy.
Maryland’s banking community, along with key economic movers and business leaders, attended the event to network with top minds in the industry while gaining valuable insight from experts into how COVID-19 has impacted global, national, and regional economies.
Presenting at this years forum were distinguished experts such as the Chairman and CEO of Sage Policy Group and MBA Chief Economist, Anirban Basu, President and Chief Executive Officer of the Federal Reserve Bank of Richmond, Thomas I. Barkin, and the Lt. Governor of Maryland, Boyd K. Rutherford.
The speakers highlighted long-term structural shifts impacting key economic segments, detailed several sources of future economic risk, and characterized the anticipated pace of economic recovery in 2022 and beyond.
Lt. Governor Boyd K. Rutherford emphasized the impact that Maryland Banks and the MBA had on the state’s economy and consumer wellbeing during the COVID-19 pandemic.
“It was an honor to address Maryland’s bankers and business leaders,” said Lt. Governor Rutherford. “With critical help from the MBA, at the height of the pandemic Maryland banks were effective and efficient in getting the resources local businesses needed to survive. It was my pleasure to acknowledge their actions at First Friday.”
Chairman Anirban Basu provided a regional and local economic update and moderated a panel of distinguished economic experts.
“My hope is that Maryland’s bankers and business leaders were able to come out of First Friday motivated by what they learned to take on the state’s most pressing economic issues in 2022,” said Basu.
MBA President and CEO Ramon Looby remarked on the event: “This year’s forum was a huge success. It was an honor to be able to listen to and learn from some of the region’s most notable economic experts and reflect on our achievements during the pandemic. I’m excited to see how the MBA and Maryland bankers and businesses move forward in 2022.”
The 15th annual “First Friday” Economic Outlook Forum is held in participation with the Maryland Association of CPAs, Maryland Realtors, Maryland Chamber of Commerce, and Maryland Retailers Association.
About “First Friday”
The “First Friday” Economic Outlook showcases economic experts who share valuable information about both current events and the future of the region’s economy. This event attracts influential leaders in the business community. Please contact Ann DeVilbiss at adevilbiss@mdbankers.com for more information.
About the Maryland Bankers Association
Founded in 1896, the Maryland Bankers Association (MBA) is the only Maryland-based trade group representing banks in the state. MBA’s member banks employ 28,266 banking professionals in nearly 1,490 branch offices across the state.
This article was shared with Prittle Prattle News as a Press Release by PRNewswire.
