As part of a wider mission to enhance lending to SMEs and support sustainable private sector growth in Qatar, Qatar Development Bank (QDB) recently concluded an annual training workshop for managers and credit officers at partner banks of its Al Dhameen indirect lending program. Hosted on 26 and 27 October, the workshop is held annually to support the 14 Islamic and conventional commercial banks in the Al Dhameen network grow financing opportunities for SMEs in Qatar. The training was attended by customer relationship managers in order to help improve their skills and information in the field of credit and project evaluation.
Commenting on the event, Mr. Abdulaziz bin Nasser Al Khalifa, Chief Executive Officer of QDB said: "This annual training shows our efforts to support and strengthen Al Dhameen by working with our partners, helping the relationship managers and credit officers on the ground provide the right resources to SMEs and entrepreneurs in Qatar. We know that financial institutions and banks in Qatar have a key role to play in promoting SMEs and private sector growth and we are proud to be partners – not competitors – with them in that mission.”
He added: "Banks are generally very cautious dealing with SMEs due to higher perceived risks. QDB seeks to educate and inform our partners by clarifying the level of profitability and providing insight into the unique needs of SMEs.” QDB provides these workshops on an annual basis as part of an ongoing program to build capacity in Qatar for customer relationship managers at Al Dhameen partner banks in order to help improve their skills in the field of credit and project evaluation.