Barwa Bank, Qatar's fastest growing Shari'ah compliant banking service provider, hosted an interactive trade finance workshop for clients and employees titled ‘Global Trade Trends and Challenges’ as part of the bank’s proactive approach to keep customers aware of global trade improvements.
The workshop hosted industry expert Mr. Vincent O’Brien, a highly reputed trade trainer, for a seminar as he shared his insights on the current developments in the international trade finance environment and provided the audience with practical suggestions on managing challenges fronting the field, while guiding them on maximising their business opportunities.
Commenting on the workshop, Mr. Khalid Al Ahbabi, Barwa Bank’s Executive General Manager – Chief Business Officer, said: "Barwa Bank services extend beyond finance to touch various aspects of our customers' interests. The bank is committed to helping its valued customers not only by providing financial and transactional services but also through sharing information and knowledge about the latest updates in the market, thus converting challenges into opportunities."
Barwa Bank is committed to its central role in organising informed training for its staff and for keeping customers updated about the latest trends of the market. The lively panel was part of dynamic discussions on trends in international trade and products that customers can use to grow their business. The workshop explored the merits of instruments like letters of credit, confirmations, as well as standby letters of credit and guarantees. The workshop also highlighted the newly revised ISBP (International Standard Banking Practice for the Examination of Documents) and went through BPOs (Bank Payment Obligations).
This initiative is part of many trainings and workshops hosted by Barwa Bank to empower and train both staff and customers with an advanced insight on the global market, and to ensure that the bank will continue to be a major contributor to the financial services sector in Qatar and the region.