<p>Riyad Bank has both participated in and sponsored the second annual Saudi Trade Finance Summit 2014 which took place in Riyadh on the 5th and 6th November at AlFaisaliah Hotel. The event brought together regional and global senior finance professionals from the banking and insurance industries, government and the private sector to talk about the issues impacting trade finance.</p><p>As a sponsor, Riyad Bank’s Executive Vice President of Corporate Banking Ossama Bukhari made a presentation about the Kingdom’s economy and growth opportunities, economic diversification and the need to strengthen trade finance facilities.</p><p>“Sponsoring such events as the Saudi Trade Finance Summit is important to Riyad Bank, to promote trade finance in the country,” said Bukhari. “We’ve seen remarkable growth in this sector globally, with the development of new credit, liquidity solutions and transactional banking services that have contributed to both global and national growth. As a supporter of the Kingdom’s economy, Riyad Bank has a range of innovative trade finance solutions that were developed for Saudi businesses. Our expertise, customer focus and solid funding base have enabled Riyad Bank to become a leader in trade finance in the Kingdom.”</p>