Posted on October 17, 2015

Commercial Bank has taken part in the 2015 Annual Meetings of the International Monetary Fund (IMF), World Bank Group and the Institute of International Finance, held in Lima, Peru. These Annual Meetings are major global financial and economic sector conferences and are regularly attended by key figures from the world of finance, politics and economics, including finance ministers and central bankers from many countries. Held annually in varying locations, the Annual Meetings welcome banks and multilateral development institutions from countries all over the world, including several banks from Qatar and the GCC.

The Commercial Bank representatives, including representatives from its alliance banks National Bank of Oman and Alternatifbank Turkey, attended the conference and held a broad programme of meetings and events during their time in Peru. Commercial Bank representatives used the conference for bilateral meetings with banks from various countries, to build relationships and grow business in new areas, including demonstrating the increasing regional strength of the Commercial Bank.

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During the three days of Annual Meetings, discussions of key issues included the outlook for the global economy, developments in financial markets, promoting economic development and poverty reduction in developing countries. Commercial Bank’s CEO, Mr. Abdulla Saleh Al Raisi said: “As a leading regional financial institution with operations in Qatar, Oman, the UAE and Turkey, it is important for the Bank to participate at the IMF and World Bank Annual Meetings. The Meetings play an important part in forming the Bank’s regional strategy and anticipating future prospects for regional trade in order to continue delivering profitable growth.”

Commercial Bank also participates in the annual conferences and activities of other global trade and development institutions such as the ICC Banking Commission, SWIFT – SIBOS convention, BAFT, Institute of International Finance, Asian Development Bank, African Development bank, Arab Trade Finance Program.