Commercial Bank, one of the leading full service banks in Qatar, recently hosted its second business forum of 2014 for Government, public and private corporate customers at Commercial Bank Plaza. The forum served to highlight a new climate of increasing business risk for particular countries and banks given the expansion of new markets and trade sanctions in an increasingly globalised economy.
The forum was led by Mr. Huw Evans, Chief Credit Officer at Commercial Bank and was attended by Chief Executive Officers and Chief Financial Officers of the Bank’s clients. The forum’s theme of “Bank Risk and Country Risk” centred on risk assessment and developing best practice to mitigate risk in a dynamic international market. Following a talk delivered by Mr. Evans, delegates participated in an interactive session where they were able to share industry-specific knowledge with experts in the field.
Speaking at the forum, Commercial Bank’s EGM and Head of Wholesale Banking, Mr. Fahad Badar said: “This is the second successful forum that Commercial Bank have held this year. We are delighted to have our customers join us in discussing industry insights and best practice and we hope to build a strong community of knowledge-sharing between clients.” He added, “The topic today is of particular importance given the expansion and inclusion of new markets within reach of Qatari corporates. There is a genuine need for Government, public and private Qatari corporates to address the new climate of bank and country-risk in an ever–transforming international environment. “
The event follows the success of a similar ‘Breakfast Forum’ that took place in June. The first forum was headed by Mr. Onur Ozan, Senior Account Director from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which centered on streamlining Cash Management processes.