July 27, 2021

NBK launches a trade finance program

The National Bank of Kuwait (NBK) has launched the third edition of the specialized training program in the field of trade finance for its employees, in cooperation with the international “Euromoney” Corporation, with the aim of developing and developing the skills of trade finance management staff, and providing them with sufficient experience in this field.

The trainees were received by NBK-Kuwait Executive Vice President Suleiman Al-Marzouq, General Manager of Group Human Resources Imad Ahmed Al-Ablani, and General Manager for Banking Services for Foreign Companies, Oil and Trade Finance Pradeep Handa, in addition to other officials from the Bank, taking into account preventive measures and measures. Maintaining social distancing in consideration of public safety.

About 15 employees from the Trade Finance Department in Kuwait and the bank’s overseas branches in Singapore and Bahrain will participate in the program, which will be held virtually and in the bank’s training halls.

The trainees will undergo intensive 5-week training on the basics of trade finance, collections, letters of guarantee, letters of credit, standby credit, structuring of trade products, compliance in letters of credit and guarantees, and other aspects and details of trade finance operations and technical and professional tools.

Al-Ablani said that the training program, which is held in cooperation with Euromoney, embodies the bank’s strategy aimed at upgrading the human cadres that form the mainstay of every distinguished and pioneering institution by providing the best training programs.

Al-Ablani added that the program constitutes a translation of the bank’s strategy, which lays down rules that include a professional plan for the career development path of the bank’s cadres, in cooperation with the most prestigious universities and international educational institutions, which contributes to qualifying banking leaders and providing them with sufficient experience.

He added that NBK’s training initiatives embody its deep vision towards investing in human resources, as it provides a selection of the best banking experts who offer their expertise to these promising cadres.

Al-Ablani pointed to the continuation of these initiatives annually in line with the bank’s well-established policies to advance its social responsibilities, as NBK believes in the effective impact of these programs aimed at serving the community and its children, which reflects the leading role it has played in this field for decades.

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