Converse Bank employees participated in the European Bank for Reconstruction and Development (EBRD) technical cooperation preparatory workshop for the Certificate in International Trade and Finance (CITF), where current challenges and innovative tendencies in the area of trade finance were discussed.

“Trade finance supports export-import activities by using documentary credits and guarantees or short-term trade-related cash advances, which essentially mitigates political and commercial risks and simplifies the payment processes for our customers,” informed the bank.

“We prioritize high quality servicing of our customers, which is impossible without knowledgeable and skilled professionals. Participation in thematic workshops and conferences of the EBRD enables the employees of the bank to improve their knowledge in the area of trade finance through introduction of advanced international approaches and standards, so that we are in the position to offer a wide range of services and flexible trade finance solutions,” said Nelli Kocharyan, Head of International Relations and Trade Finance Unit of Converse Bank.

The bank also reminded that last year they won the EBRD Trade Facilitation Programme Academic Excellence Award “for the record number and exceptional academic results of participants from Converse Bank”.