March 29, 2024

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QDB Concludes Uniform Customs Procedures for Documentary Credits Workshop

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Qatar Development Bank (QDB)
Qatar Development Bank (QDB)

Qatar Development Bank (QDB) has successfully concluded its workshop titled Uniform Customs Procedures for Documentary Credits Workshop (UCPDC) which was organized by the bank’s export arm, Tasdeer, to identify best practices in management of international commercial and enhance the businesses productivity.

The workshop which was attended by professionals from the finance community as well as those interested in the export sector and the wider business community, aimed to underscore 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.

QDB Chief Executive Officer (CEO) Abdulaziz bin Nasser Al Khalifa 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.” QDB’s export arm, 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 small and medium enterprises (SMEs) in Qatar build the right skills and grow their businesses.

Source : Qatar News Agency

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