QNB Group to support 11th Saudi Trade Finance Summit

By Shilpa Annie Joseph, Official Reporter
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QNB Group has announced its Platinum Sponsorship of the 11th Saudi Trade Finance (STF) Summit taking place in Riyadh.

This sponsorship underscores the bank’s keenness to play a significant role in promoting top events hosted by the Kingdom of Saudi Arabia to support the transformational journey towards achieving financial diversity, inclusiveness, and development of the private sector under Saudi Vision 2030.

QNB also emphasizes its presence in the Saudi market with the recent opening of a new branch in Jeddah while having the opportunity to present its brand to a diverse audience.

Ms. Heba Ali al-Tamimi, senior executive vice president of QNB Group Communication, said that, “We are delighted to announce that QNB Group will be the platinum sponsor of this event and looking forward to being a part of the most important and influential event for decision-makers and senior officials in the Saudi trade finance sector.”

“More importantly, QNB shares common goals with this unique platform, as we together believe that innovation and sustainability go hand in hand. Sponsoring this event also reflects our ambition to achieve sustainable finance in line with our corporate ESG agenda by supporting financial diversification and impactful business solutions,” Ms. Al-Tamimi added.

The STF Summit offers a unique platform that brings together more than 350 CFOs, heads of finance, corporate treasures, and other stakeholders to advance the Kingdom’s international trade and investments.

The two-day summit addresses some of the latest challenges and opportunities for Saudi’s trade finance sector including optimal liquidity management for exporters, suppliers, and SMEs, supply chain financing, accelerated adoption of digitization, and technological innovations for optimizing trade finance, managing inherent risks as well as sustainable development of the sector.

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