Qatar- Commercial Bank joins annual IMF, World Bank meetings| MENAFN.COM

Tuesday, 16 August 2022 03:47 GMT

Qatar- Commercial Bank joins annual IMF, World Bank meetings


(MENAFN- Gulf Times) Commercial Bank took part in the 2015 annual meetings of the International Monetary Fund (IMF), World Bank Group, and the Institute of International Finance, held in Lima, Peru recently.
According to Commercial Bank, the annual meetings are major global financial and economic sector conferences and are regularly attended by key figures from the world of finance, politics, and economics, including finance ministers and central bankers from many countries.
Held annually in different locations, the annual meetings welcome banks and multilateral development institutions from countries all over the world, including several banks from Qatar and the GCC.
Commercial Bank representatives, including those from its alliance banks, National Bank of Oman and Alternatifbank Turkey, attended the conference and held a broad programme of meetings and events in Peru.
The representatives also used the conference for bilateral meetings with banks from various countries, build relationships, and grow business in new areas, including demonstrating the increasing regional strength of Commercial Bank.
Discussions of key issues included the outlook for the global economy, developments in financial markets, promoting economic development, and poverty reduction in developing countries.
Commercial Bank CEO Abdulla Saleh al-Raisi said: "As a leading regional financial institution with operations in Qatar, Oman, the UAE, and Turkey, it is important for the bank to participate at the IMF and World Bank annual meetings.
"The meetings play an important part in forming the bank's regional strategy and anticipating future prospects for regional trade in order to continue delivering profitable growth."
Commercial Bank also participates in the annual conferences and activities of other global trade and development institutions such as the ICC Banking Commission, SWIFT € SIBOS convention, BAFT, Institute of International Finance, Asian Development Bank, African Development bank, and Arab Trade Finance Programme.


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