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Iraqi bankers begin trade finance training

04 February 2010

The International Finance Corporation has held its first trade finance training seminar for Iraqi bankers in Beirut, Lebanon.

Read more: [IFC Iraq trade finance] [trade finance training]

The International Finance Corporation (IFC), a member of the World Bank Group, held its first trade finance training seminar for Iraqi bankers this week in Beirut, Lebanon.

In cooperation with the government of Japan, the IFC hosted the seminar for Iraqi bankers to promote risk management tools to enable access to international trade networks.

“This training programme...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010