(MENAFN- The Peninsula) As part of its efforts to support local companies for export promotion, Qatar Development Bank (QDB) successfully concluded its workshop titled 'Uniform Customs Procedures for Documentary Credits Workshop (UCPDC)' which was organised by Tasdeer, the bank's export arm, to identify best practices in management of international commercial and enhance the businesses productivity, said a press statement yesterday.
The workshop was presented by Vincent O'Brien, Chair, ICC Banking Commission, Market Intelligence Group (MIG) and saw in attendance professionals from the finance community as well as those interested in the export sector and the wider business community.
The workshop underscores the bank's commitment in supporting and assisting the development of Qatari companies by providing export credit guarantees and financial solutions designed to mitigate risk for exporters.
Abdulaziz bin Nasser Al Khalifa, CEO of QDB, said: "Our sponsorship of this workshop embodies our commitment to identify and strengthen the knowledge of the requirements of export documentary credits according to international standards and practices. We should always stay up-to-date with the latest practices to promote Qatari companies by providing exporters with financial solutions, credit insurance and advisory services, helping them boost their export capabilities."
Tasdeer was created to develop and promote Qatari businesses, providing export credit guarantees and financial solutions designed to mitigate risk for exporters. The bank also provides consulting services in to help entrepreneurs develop their businesses. This includes feasibility studies, market research and other services that help SMEs in Qatar build the right skills and grow their businesses.
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