Bank Alfalah, one of the leading commercial banks in Pakistan, 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 the 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.
The Industrial and Commercial Bank of China (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. "This is a platform for mutual learning hosted by Bank Alfalah, which was formulated to add value to the commencement of the ICBC's Pakistani banking operations in line with local regulatory guidelines," he added.-PR