Islami Bank Bangladesh Limited (IBBL) and Commerzbank AG, Germany jointly organized a two-day seminar on “Development of Technical Expertise on International Trade Finance” at the Islami Bank Tower on August 7-8, 2015.
Mohammad Abdul Mannan, Managing Director of IBBL was present in the seminar as chief guest. Presided over by Abdus Sadeque Bhuiyan, Deputy Managing Director & Head of International Banking Wing of IBBL, the seminar was attended by Alexander Mondorf, Relationship Manager of Commerzbank AG, Germany and Tawfiq Ali, Chief Representative, Commerzbank AG. Certified Documentary Credit Specialists (CDCS) degree holders form Islami Bank, different banks and BIBM participated in the seminar.
Mohammad Abdul Mannan in his speech as chief guest said IBBL has been handling significant market share in foreign trade business of the country. In terms of capacity building and professionalism, IBBL bags many achievements. Bangladesh has got around 400 CDCS qualified bankers since 2008. Of them IBBL holds 47 per cent CDCS members in the industry” he said adding that continuous professional development is the key to success. The CDCS certification is just beginning of a long journey towards international standard trade practice, he said.
R.V. Balasubramani, Technical Advisor of International Chamber of Commerce (ICC) Banking Commission, Paris presented a keynote paper as chief speaker.The main focus of the seminar was to equip foreign trade professionals with the pace of ongoing challenges in cross border transactions, applicable tools and techniques in mitigating risks with which banks are exposed on day to day foreign trade operations.