Business Desk :Islami Bank Bangladesh Limited and Commerzbank AG, Germany, jointly organized a two-day seminar on “Development of Technical Expertise on International Trade Finance” at IBBL Tower on August 7-8, 2015. Mohammad Abdul Mannan, Managing Director of IBBL was present as chief guest while Abdus Sadeque Bhuiyan, Deputy Managing Director & Head of International Banking Wing of IBBL presided. Alexander Mondorf, Relationship Manager of Commerzbank AG, Germany and Tawfiq Ali, Chief Representative, Commerzbank AG. Certified Documentary Credit Specialists (CDCS) degree holders from Islami Bank, different banks and BIBM participated in the seminar.Mohammad Abdul Mannan, the chief guest, in his speech said, “IBBL handling foreign trade of the country significantly. 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.RV Balasubramani, Technical Advisor of International Chamber of Commerce (ICC) Banking Commission, Paris presented a keynote paper. 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.
