Bank Alfalah conducted a three-day customised knowledge sharing programme for the Industrial and Commercial Bank of China (ICBC,) which is the most recent entrant to the Pakistani banking sector. Titled 'ICBC: Local Market Orientation Programme', the curriculum was designed in line with ICBC's aims and objectives to operate in the Pakistani market.
Bank Alfalah shared its banking experience and focused on transfusing the experience and knowledge of local regulations and practices of the Pakistani banking industry. ICBC is the leading bank of China and is also one of the largest banks in the world. Its entry in the Pakistani financial sector, with its significant international banking experience, heralds rich promise for further development of the banking sector in Pakistan.
Senior management of Bank Alfalah and field experts from across its 378 local branches and 8 international branches/units, came together on this occasion to welcome the ICBC executives and contribute towards aligning its Pakistani banking operations with local regulations and guidelines.
In his inaugural address on the first day of the three-day programme, Sirajuddin Aziz, CEO, Bank Alfalah, expressed hope that the seminar would deliver on its slogan, 'Building Affiliations that Last', so that the enduring bond between ICBC and Bank Alfalah could be fortified for furthering the professional growth of both the organisations. He emphasised the importance of the presence of a Chinese commercial bank in Pakistan and said that it would further strengthen the bilateral ties between Pakistan and China.
Speaking on the occasion, Chen Peichen, Deputy CEO of ICBC Operations in Pakistan, expressed his gratitude to Bank Alfalah for arranging a comprehensive curriculum for ICBC and expressed hope that more such events would be organised in future to take the alliance of Bank Alfalah and ICBC to a more advanced level. The programme comprehensively explored the Pakistani banking environment in the areas of General Banking Operations, Trade Finance, Credits and Treasury.-PR
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