J. Sifri Consulting Services: Arab Bank attends the Fraud Detection and Prevention Course

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In an active atmosphere, a group of bankers from the trade finance department, compliance department and risk management department of the Arab Bank - Jordan have recently attended our practical trade finance course: Fraud Detection and Prevention under Letters of Credit Transactions - Combating Organized Commercial Crime.

The trainees confirmed that they gained considerable technical knowledge about trade finance operations and understood the safe guards they need to apply in order to ensure running sound and safe operations whilst taking into consideration local and regional market practices that prevent the banks operating in the Middle East from applying the articles of the ICC rules of practice pertained to trade finance. The participants discussed several case studies which took place in our region and internationally.

AL Ghad Newspaper described the course as an essential activity for all Arab Banks especially that the training is run bilingually. The news can be read on this link Al Ghad Newspaper.

J. Sifri Consulting Services

The Banking Consultants and Educators

Arab Bank attends the Fraud Detection and Prevention Course