Damascus - Activities of the training course in banking quality and treasury management, its processes and its Islamic and traditional products, organized by Commercial Bank of Syria (CBS) in cooperation with Shamil Bank of Bahrain and Gulf Finance House, kicked off today at Four Seasons Hotel.
Commercial Bank of Syria General Manger Duraid Dergham said that the course comes in the context of an annual cooperation between the Bank and other banks, adding that the course is very important due to the topics under discussion such as currency and treasury management regarding global financial crisis and price changes in currency.
For his part, Shamil Bank of Bahrain Chief Executive Faisal Alwan summarized the main goals of the course in attracting investors to the banking market and investment in Syria due to the characteristics and qualities it enjoys which help settle capitals in addition to the positive developments we witness.
He stressed the importance of strengthening and developing cooperation with Syrian financial institutions and organizing initiatives of joint work.
The two day course aims at providing trainees with proficiency in dealing with urgent banking issues and discusses, in its main topic, the process of treasury management, monetary markets' various knowledge , mechanism of reading market indicators, dealings management, achieving balance between currency's short and long term uses.
The course presents a detailed study of the Islamic bank financing and a comparison between traditional products and Islamic banking formula and ensures all ways of support for Banks and Financial Institutions' staff to keep the banking work up with prospects of future economic development.
CBS is the Syrian leading banks representing 70% of banking volume which has the biggest net of branches, service offices and electronic exchange systems.
By Rasha Raslan / Mazen
© SANA (Syria Arab News Agency) 2009
