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Standard Chartered holds its first Working Capital forum for its clients

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Standard Chartered recently held its first Working Capital forum this year under the title ‘Taking your Business to the Next Level’. Subjects included global cash management trends and the use of state-of-the-art technological platforms. The forum, which was held at the Four Seasons Hotel and Spa, was attended by Standard Chartered corporate clients and bank executives.

The regional team, led by Dr Boutros Klink CEO Bahrain & GCC, presented an overall view of current market dynamics, a macro economic review of the regional economy, the latest trends and best practice in implementing innovative cash and liquidity management solutions, as well as, the use of electronic banking channels to realize business goals. The team included, Philip Panaino – Regional Head of Transaction Banking for Africa & the Middle East; Dima Jardaneh – Head of Research for Middle East & North Africa; Fernando Pacheco – Head of Cash, Transaction Banking for Middle East & Pakistan; Kamel Moris – Head of Transaction Banking for Bahrain, KSA, Oman, Jordan and Kuwait; Saqib Ansari – Regional Channel Manager and Sameer Nemazie – Product Manager.

Dr. Boutros Klink, Chief Executive Officer for Standard Chartered Bank Bahrain and GCC said:

Managing cash to ensure liquidity, appropriate measures for risk management, as well as, securing resources of funding has evolved especially with the use of state-of-the-art technological banking platforms and products. We wanted to share, through our experts, best market practice and global trends as seen throughout our footprint with our partners in order for them to be better informed. Being the first bank in Bahrain since 1920, it’s important for us to engage our business community with what can ultimately add tremendous value to their businesses.

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Mr Kamel Moris, Head of Transaction Banking in Bahrain, KSA, Oman, Kuwait and Jordan said:

We continuously work on improving our value proposition to our partners. Through our platform, we are able to provide tailor-made solutions according to our clients’ operating model. We are focused on implementing innovative technological solutions, that can be applied through various cash management channels, in order for our clients to conduct their business with the highest levels of security and convenience.

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