‘Bankers should be more efficient in international trade’

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BSS, Rajshahi :
Discussants in the opening session of a five-day bankers training here Sunday said both the public and private sector bankers should be more efficient in international trade payment and finance for the sake of boosting foreign trade volume.
They viewed there is no way but to gain professional skills in this sector as significance of the banking sector is gradually increasing in various foreign trade related fields like remittance collection in the era of globalization and free-market economy.
Bangladesh Institute of Bank Management (BIBM) organized the outreach training titled “International Trade Payment and Finance” being held at Rajshahi Branch of Bangladesh Bank.
More than 56 bankers from the central bank and different other public and private banks from different districts of the region are taking part in the course.
Improving the capacity of the bankers involved in the trade services departments of banks and familiarizing them with the concepts and issues of international trade payment and finance are the main objectives of the training.
Other allied goal of the course is to acquaint them with the techniques, laws, principles, documents and procedures adopted in payment and financing of international trade in Bangladesh.
Executive Director of Bangladesh Bank Zinnatul Bakeya and General Manager Md. Nazimuddin addressed the inaugural session as chief and special guests respectively with Dr Shah Ahsan Habib, Professor and Director (Training) of BIBM, in the chair.
Marking the inaugural session, Dr Shah Ahsan Habib presented a special lecture styled “International Banking Practices in Bangladesh” highlighting the aspect of the country’s international banking.
Zinnatul Bakeya said Bangladesh is closely linked to the global economy through trade flows having grown over the years. Banks facilitate payment and finance services to the traders contributing to the global trade integration the country and other economies of the world.
She urged the participants to acquire adequate knowledge from the course and apply those in their professional fields properly for making their banking activities client-friendly so that they get total benefits of the banking service.

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