ICC Bangladesh organized jointly with ICC Malaysia a workshop on Rules and Tools for International Trade Finance in Kuala Lumpur on 23-25 April for Bankers from Bangladeshi banks.
A total of 90 bankers from 19 Banks including Bangladesh Bank and Bangladesh Institute of Bank Management (BIBM) participated in this program. This is for the first time that ICC Bangladesh has organized such a workshop outside the country. Some 54 bankers of Malaysian Banks participated at the workshop together with Bangladeshi bankers.
The main objective of the Workshop was to allow the Bangladeshi bankers to interact with their counterparts in Malaysia, to learn more about the latest rules and tools of international trade financeas well asto avoid risks in cross-border transactions. The workshop is mainly designed on Documentary Credit Operations and Risk Management.
On April 23 the Bangladeshi Bankers visited Maybank and interacted with senior officials of Bank Negara Malaysia and Maybank. Ms. Sarifaah Naziha bt Syed Abdullah, Senior Analyst of Bank Negara Malaysia (Central Bank of Malaysia) made a presentation on Malaysian Economy, Foreign Trade Rules & Regulations, Foreign Direct Investment (FDI) and Policy of Fund Trade Management in Malaysia.
Mr. John Wong, Managing Director, Group Head, Transaction Banking, Global Banking, Trade Operation of Maybank also made a presentation on overall operational scenario of the Bank. Mr. Loo Eng Hock – Director, Transaction Banking Malaysia, Global Banking spoke about some transaction related procedures of the Bank. After the presentation Maybank hosted a lunch for Bangladeshi Bankers. Bangladesh Bank Officials also exchanged views regarding Bangladesh Rules & Regulations on Foreign Trade with Bank Negera Malaysia.
Mr. Vincent O’Brien, a highly experienced practitioner of International Trade Finance and a standing member of the ICC Banking Commission from Ireland conducted the 2-day workshop in Corus Hotel, Kuala Lumpur on April 24-25. ICC Malaysia ExecutiveDirector Dr. Oon Tean YEOH spoke at the inaugural session. ICC Bangladesh Secretary General Ataur Rahman also spoke at the workshop and Deputy General Manager Ajay B. Saha attended the workshop.