(MENAFN- Arab News) Riyad Bank Banque Saudi Fransi (BSF) and Saudi Hollandi Bank (SHB) three of the Middle East's major banks have been announced as platinum sponsors of the 3rd Annual Saudi Trade Finance Summit 2015 being held at the Al Faisaliah Hotel in Riyadh from Nov. 10 to 11.
Mohammed Abo Al-Naja EVP corporate banking services at Riyad Bank says: 'We wish to create more awareness among the Saudi business community on the latest developments in trade finance and how banks can help them in their business. We will be offering various trade finance solutions and also discuss with CEOs and CFOs their expectations and business requirements from banks such as us.'
Frank Hamer GM transaction banking group at SHB says: 'This is a good opportunity to meet and address the right people from organizations related to the trade finance business within Saudi Arabia and other countries in the GCC. It will also give us the chance to showcase our ability in catering to the future demands of our customers in terms of modern technology versatile products and market expertise. We consider it our prime responsibility to promote the Kingdom among our trading partners to further enhance its economic development and fulfill its aspiration to be one of the world's trade hubs.'
Sidh N.C. director operations at QnA International said: 'Traditional trade financing has seen exponential growth in recent years and this event reflects that upbeat enthusiasm about the sector. The 3rd Annual Saudi Trade Finance Summit 2015 will provide an excellent platform for organizations to capture new business opportunities discuss possible solutions to their various concerns and promote profitability and cost-effectiveness by adopting better technologies and processes in their operations.'
What sets this year's summit apart is its exclusivity giving invited guests unique access to a wealth of information and top-level insights.