Commercial Bank participates in IIF and IMF meetings in Washington DC
17 October 2022
Doha, Qatar: 17 October 2022: Commercial Bank joined global banks at the 2022 Annual Meetings of the International Monetary Fund (IMF), World Bank Group and the Institute of International Finance, held in parallel in Washington DC from October 10th until October 16th, 2022.
The Qatari Banks jointly hosted a very successful and well attended reception on October 14th, 2022 with the presence of His Excellency Finance Minister, His Excellency Governor of the Qatar Central Bank, QFC, as well as Qatari Banks Board members and CEOs.
The Commercial Bank representatives to the event were Mohamad Ismail Mandani Al Emadi, Board Member; Joseph Abraham, Group CEO; Fahad Badar, EGM, International Banking; and Parvez Khan, EGM, Head of Investments and Strategy. Including its alliance bank, Alternatif Bank Turkey attended the conference sessions and held a broad programme of meetings and events during their time in the US. Commercial Bank representatives used the conference for bilateral meetings with banks from various countries to build relationships and grow business in new areas, which enhances the regional depth of Commercial Bank.
Commenting on the event, Joseph Abraham, Group CEO at Commercial Bank said: “Our presence at the important annual IMF meeting demonstrates the importance of the Qatar banking sector in international banking. As a Group that has long recognized the importance of responsible and sustainable ways of conducting business, we remain committed to continue progressing our strategic goals through innovation and technology".
During the six days of annual meetings, discussions of key issues including inflation and effect of raising interest rates on the ability of developing nations repaying debts. With this participation, Commercial Bank enhances its leading position as a pioneer in innovation banking on the local and global level.
Ends.