Banque Saudi Fransi (BSF) was a gold sponsor of the 2nd Annual Saudi Trade Finance Summit 2014, which was held in Riyadh on Nov. 5-6.

The summit was designed to bring together the key stakeholders involved in redefining the trade finance function, from government and regulatory authorities who can bring about the essential transformation to crucial financial institutions like banks, insurance companies, ECA's, risk assessment firms and to legal and technological consultants and, most importantly, the CFO's, finance directors, treasury heads, and heads of finance of the biggest corporate, conglomerates, holding companies and SMEs in the Kingdom.

The summit highlighted the latest developments and examined both the regional and international trade flows impacting one of the world's most affluent markets. It aimed at giving an opportunity to remain up-to-date with the new breakthroughs and market trends, and developed a pragmatic approach toward achieving expectations for future expansion, challenges and growth.

A large number of experts together with senior level finance professionals from across the GCC and beyond, who took part, discussed concrete solutions for some of the most crucial issues facing their roles.

Anjum Noman Mirza, BSF’s trade finance sales and solutions head, was one of the main speakers participating in the opening session of the summit. He highlighted the risks associated with trade transactions, supply chain financing solutions, and a tool to improve working capital and risk mitigation. ”

Being one of the premier commercial banks in the Kingdom, BSF caters to client’s needs through various banking channels, including corporate and business banking, structured and trade finance and also sales and solutions, market and advisory services, financial institutions, retail banking, wealth management, global banking transaction and Saudi Fransi Capital, the investment and asset management arm of BSF.