ANB highlights trade solutions

Arab National Bank (ANB) recently held a major conference for its corporate clients.
The conference was aimed at highlighting the latest economic trends and showcasing the latest innovative treasury, cash and trade banking solutions at ANB.
Zahid Rahim, head of Corporate Banking Group, spoke about the long-term relationship and strategic partnership that bonds the bank with its customers, and he empathized the importance of innovation and development to cope with the rapid economic changes worldwide.
Trade, cash and treasury were the main three topics of the conference sessions.
Mohammed Nasr Ullah, head of Trade and Transactional Banking Solutions, highlighted the unique characteristics of the Saudi economy and its ability to cope with the recession.
He also talked about existing and future trade solutions available from the bank.
Rafi Halabi, head of Transactional Banking Solutions, presented the development of payments and cash management solutions using online banking (eBusiness) being a reliable method to efficiently and securely manage bulk cash transactions.
Halabi said ANB will be launching highly competitive products in this domain soon.
Asem Al-Shabani, head of treasury and sales, presented ANB treasury services which are designed to be customer focused, and showcased the hedging strategies.
He shared with the audience some practical hedging solutions for the foreign exchange rate fluctuation.
Mohammed Al-Dawood, deputy head of corporate banking group, said that such an occasion is a significant platform for the bank to interact with clients, share with them the latest business updates and listen to their suggestions and feedback.
Mitul Kotecha, head of Global FX strategy (Credit Agricole), presented a holistic overview of the global economy and asset markets.