Bank Dhofar hosts Trade Finance seminar in Salalah

05/06/2011 00:00 AST

BankDhofar recently hosted a seminar on "Trade Finance" for the wholesale banking customers of Dhofar region at Hamdan Plaza Hotel, Salalah. The seminar was conducted by Murahari Naik, Head - Trade Product Sales. The seminar focused on methods of payment in international trade finance, risks associated with exports and imports and how to manage trade payment risk exposure effectively.

The seminar also covered various trade products available to importers and exporters and key operational issues of Letters of Credit. In addition to covering rules governing international trade, the speaker also stressed upon key steps to secure export receivables and importance of standby LC for importers and exporters with ongoing contracts.

The seminar received an overwhelming response with participation of senior executives and finance managers from various companies in Salalah. The sessions were highly interactive.

The participants expressed their appreciation on the effort of the BankDhofar team for organising the seminar.

Kamal Hassan al Murazza, Deputy General Manager, Wholesale Banking Group, BankDhofar interacted with the participants and commented: "As one of the leading Banks in Oman, BankDhofar is committed to supporting our valued corporate customers to maximise their potential in developing secure international trade business."


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