Events

ICC Nigeria holds IFC FIT Graduation as

culmination to prestigious event

To celebrate its significant strides in promoting international trade and economic activities around the World, the International Chamber of Commerce Nigeria held a dinner on Friday November 18, 2011 at the Main Auditorium, Metropolitan Club, in Victoria Island, Lagos. Being an affiliate of the ICC with International Headquarters in Paris, the ICCN joined its counterpart National Committees, in over 120 countries to celebrate the 80th Anniversary of the ICC Banking Commission globally and the Introduction of the New ICC Arbitration Rules. The global theme of the event was ‘Big Shifts in Trade and Finance’.

His Excellency, Dr. Christopher Kolade,CON, Former Nigerian High Commissioner to United Kingdom (UK) & Pro-Chancellor, Pan-African University and Mr. Ola Vincent, Former Governor, Central Bank of Nigeria (CBN) were the Chairman and Special Guest of Honour respectively. A cross – section of notable business Leaders and Captains of Industry in both the private and public sectors of the economy as well as members of the Diplomatic Corps also attended the event.

Other high points of the event included the presentation of a Banking Commission Award to Chief (Dr.) O. Osunkeye, Immediate Past ICCN Chairman and now honourary Chairman of the Chamber. In line with one of its objectives of adding value to its members through qualitative training with international standards, members who successfully participated and concluded the IFC FIT Initiative Program were awarded their certificates at the Dinner.

_MG_0225-450

Granduands from all the major local trade finance banks in Nigeria participated in the 3 month online learning program and feedback from them has been extremely positive as reflected in the comments of Adebayo Ayangbesan , of Union Bank, who noted "Continuous updating of knowledge by professionals is indeed now compulsory with the ever changing business world and this I have achieved by participating in the IFC FIT Program, I have gained immensely and I cannot but be grateful to the ICC, Institute of Export and IFC with eBSI for enriching my knowledge of International Trade."

Below we can see some of the happy graduands receiving their certificates. Congratulations to all!

Contact Bunme Funke at ICC Nigeria This e-mail address is being protected from spambots. You need JavaScript enabled to view it for further information about the next intake of the IFC FIT Program in Nigeria which will take place on week starting 12 February 2012.

ICC Rules and Tools

for International Trade

eBSI will be collaborating with ICC Bangladesh for a series of seminars in Dhaka and Chittagong, Bangladesh in Early December 2011.

In the context of on-going global financial and economic crisis, banks and businesses need to take stringent measures to ensure that their sales transactions are watertight. ICC Global Trade Finance survey which gleaned hard facts from more than 100 countries reported that '34% of respondents indicated an increase in the percentage of documents refused on first presentation' and '94% of respondents experienced increased pressure from applicants to refuse documents during 2010'. Therefore, the workshop has been designed to understand the ICC rules as well as tools based on real life cases and empower participants to use them to undertake secure and successful international trade and finance transactions. It will also help in understanding the new provisions of ICC Rules and Tools and how the changes impact users with the confidence and legal certainty to trade in unfamiliar markets and save both time and money.

These events will also be the platform for the graduation of the latest batch of IFC FIT Initiative Graduates from 2011 who will be awarded their certificates of completion by eBSI Director, Vincent O'Brien.

Brochures of the events can be downloaded below:

Dhaka Workshop : http://www.ifcfitinitiative.com/files/Dhaka_Workshop.pdf

Chittagong Workshop : http://www.ifcfitinitiative.com/files/Chittagong_Workshop.pdf

Participants from around the region are welcome to contact ICC Bangladesh to attend these seminars.

GTLP Initial Progress Remarkable

according to Industry Experts

gtlp

The Global Trade Liquidity Program (GTLP) is a unique, coordinated global initiative that brings together governments, development finance institutions (DFIs), and private sector banks to support trade in developing markets and address the shortage of trade finance resulting from the global financial crisis.

GTLP began its operations in May 2009, channeling much-needed funds to back trade in developing countries. With targeted commitments of $4 billion from public sector sources, the program should be able to support up to $45 billion of trade in three years. It raises funds from international finance and development institutions, governments, and banks, and it works through global and regional banks to extend trade finance to importers and exporters in developing countries. IFC’s commitment to the program is $1 billion.

GTLP is currently progressing to Phase 2 of the program. Phase 2 was launched in January ’10 with an unfunded solution, based on the existing GTLP platform, to support trade finance in the emerging economies of Central and Eastern Europe. It is planned to expand to cover Africa and Latin America. Phase 2 also will include directed Food and Agribusiness solutions, a response to the global call for action in this critical sector.

Since its launch in July 2009, GTLP has been acknowledged in the financial industry as an innovative structure to help infuse much needed liquidity into the trade finance market, thereby catalyzing global trade growth. The solution also represents a win-win proposition: for the banks it provides an opportunity to continue supporting clients through these difficult times; for IFC and its partners, it affords the ability to channel liquidity and credit into markets to help revitalize trade flows by leveraging on the banks’ vast networks across emerging markets in Asia, Africa, Middle East, Europe, and Latin America. The program is already benefitting thousands of importers and exporters and small and medium-sized enterprises.

Disbursements:

As of June 30, 2011 a total of US$1.773 billion of funding has been disbursed to eight program banks.

Incoterms 2010 Seminars

held in Vietnam with Pavel Andrle

eBSI collaborated with the Vietnam Chamber of Commerce and Industry invited eBSI Senior Consultant, Mr. Pavel Andrle, ICC Czech Republic, to deliver an Incoterms 2010 seminar in both its Capital, Hanoi on 28-29 March 2011 …

VCCI_-_HANOI_G1

… And in Ho Chi Minh City on 4-5 April 2011. Pavel Andrle, eBSI’s Trade Finance Tutor has been to Vietnam a number of times on assignment for eBSI covering projects for IFC.

VCCI_-_HCM_G1

14 September 2011

19 September 2011

Coastline

Paid

Institute of export

IFC FIT Bangladesh 1150

IFC FIT Nigeria 435

IFC FIT Kenya 450

TOTAL 2,050

TOTAL CREDITORS 2,050

Coastline

Paid

Institute of export

IFC FIT Bangladesh 1150

IFC FIT Nigeria 435

IFC FIT Kenya 450

TOTAL 2,050

TOTAL CREDITORS 2,050

FIT Bangladesh ( 14,720 - 5800 ) = EUR 8920

48 Participants

45 completed Mentor

45 completed eBSI assessments already

3 deferred to next rollout

Program Finished

FIT Bangladesh ( 14,720 - 5800 ) = EUR 8920

48 Participants

45 completed Mentor

45 completed eBSI assessments already

3 deferred to next rollout

Program Finished

FIT Nigeria ( 4,930 – 2125 ) = EUR 2805

18 Participants

18 completed ICC training

14 completed eBSI Training

1 drop out that never paid.

Program finished

FIT Nigeria ( 4,930 – 2125 ) = EUR 2805

18 Participants

18 completed ICC training

14 completed eBSI Training

1 drop out that never paid.

Program finished

Payment of 6,130 received remainder of 1,770 written off and 7 participants removed

FIT Kenya ( 6130 - 2500 ) = EUR 3630

22 Participants

21 have completed ICC training

17 have completed eBSI Training

Program finished

Payment of 6,130 received remainder of 1,770 written off and 7 participants removed

FIT Kenya ( 6130 - 2500 ) = EUR 3630

22 Participants

21 have completed ICC training

17 have completed eBSI Training

Program finished

No update

Waiting for reply, sent foillow-up e-mail.

Still no reply

FIT Pakistan (4360 – (1080 + 1500)) = EUR 1780

17 Participants

15 completed ICC Training

14 completed eBSI Training

1 person uncontactable.

Program finished

FIT Pakistan (4360 – (1080 + 1500)) = EUR 1780

17 Participants

15 completed ICC Training

14 completed eBSI Training

1 person uncontactable.

Program finished

IIBLP event uploaded – will do a post for September by Friday September 9

Still have to put a post up for September

Turnover end june 203,603

Profit 39,791

Will send latest docs to Anita for updating to end August

Turnover end june 203,603

Profit 39,791

Will send latest docs to Anita for updating to end August

Events done

ADB Baku – 20 Jan Vin DONE

PAVEL MONG 21 Jan to 27 JAN. DONE

EBRD Moscow 26-27 Jan Vin DONE

EBRD Ekaterinburg 1-2 Feb Vin DONE

IFC Lebanon 2 – 3 February Khalil DONE

EBRD Yerevan 4-5 Feb Vin DONE

IEA Dublin Tuesday 9 FEB VIN DONE

GTR Vin /Shehzad 16 and 17 Feb VIN DONE

EBRD London Fraud workshop thurs 24 Feb VIN DONE

CareFusion Manufacturing WED 3 March VIN DONE

IFC Washington - 10 March Vin DONE

VIN LEBANON - Mar 29 AND 30 VIN DONE

IFC CONGO TRADE SALES MONIQUE 12 TO 16 APRIL DONE

ICC China Trade Finance forum moderate Vin 20 April

Icc banking commission china apr 21 to 23 april VIN CANCELLED

IFC Istanbul – 26- 29 April DONE

MON 10 MAY TASHKENT UZEBEKISTAN – EBRD FRAUD DONE

TUE 11 MAY TASHKENT UZEBEKISTAN - EBRD FRAUD DONE

THU 13 MAY DUSHANBE TAJIKISTAN – EBRD FRAUD DONE

FRI 14 MAY DUSHANBE TAJIKIISTAN - EBRD FRAUD DONE

TUE 18 MAY SKOPJE, REPUBLIC OF MACEDONIA - EBRD TRADE FRAUD WORKSHOP DONE

WED 19 MAY SKOPJE, REPUBLIC OF MACEDONIA – EBRD TRADE FRAUD WORKSHOP DONE

THURS 20 MAY BELGRADE, SERBIA – EBRD TRADE FRAUD WORKSHOP DONE

FRI 21 MAY BELGRADE, SERBIA – EBRD TRADE FRAUD WORKSHOP DONE

WED 26 MAY CHISINAU, MOLDOVA - – EBRD TRADE FRAUD WORKSHOP DONE

THU 27 MAY CHISINAU, MOLDOVA – EBRD TRADE FRAUD WORKSHOP DONE

WED 2 JUNE MAY IFC URDG SEMINAR LAGOS DONE

3 JUNE MEETINGS LAGOS DONE

URDG ICC HUNGARY TUE 8 JUNE VIN DONE

URDG ICC POLAND THURS 10 JUNE VIN DONE

URDG DUBAI CHAMBER MONDAY 14 JUNE DONE VIN

Mongolia Technical Assistance Fraud – 23 June to 30 June VIN

Including workshop on 28 and 29 June

ICC China 30 June – opinions workshop VIN

Pakistan URDG 758 Karachi 2 July VIN

Pakistan URDG 758 Lahore 4 July VIN

Pakistan URDG 758 Islamabad 5 July VIN

HK LC Survey for China Systems 12 July

Singapore LC Survey China Systems 15 and 16 July vin

Bangladesh 1 chittagong and 2 August Dhaka – Vin DONE

ADB Seminar in August 23-27 VIN DONE

Vietnam Martin 31 Aug his seminar. VIN DONE

EBRD Meeting London 14 September – done

ICC BC Meeting Orlando – 20 to 25 September –DONE

ICC Masterclass Paris 27 to 29 September-DONE

EBRD Fraud Workshop Bishkek Mon 18 and Tue 19 Oct - DONE

EBRD Conference Istanbul Wed 20 to Fri 22 Oct - DONE

IEA LC Course Tue 26 Oct DONE

CARLOS IN NICARAGUA 5 Nov DONE

ICC Ireland (Chambers Ireland) Incoterms events;

Dublin 9 Nov DONE

Galway 10 Nov DONE

Cork 11 Nov DONE

PFIZER 23 NOV DUBLIN DONE

Flight 1. - Fri 26 Nov 10 EY Etihad 08:50 Dublin 20:15 Abu Dhabi International

VIN LAND FRIDAY NIGHT IN ABU DHABI 26 NOV

VIN SEMINAR DUBAI CHAMBER SUNDAY 28 NOV

VIN EVENT UAB BANK DUBAI MONDAY 29 NOV DONE

Flight 2 - EK 781 Emirates Wed01 Dec 10 14:15 Dubai International Airport (DXB) 8hr 40min landing 19:5(LOS)

VIN EVENT LAGOS THURSDAY 2 DECEMBER DONE

Flight 3 - EK782 Emirates Thu02 Dec 10 21:25 Murtala Muhammed Airport (LOS) 7hr 15min landing 07:40 at (DXB)

VIN LAND IN DUBAI EARLY MORNING 3 Friday 3 DECEMBER DONE

Flight 4 - Fri 03 Etihad Dec 10 21:25 Abu Dhabi International 04:00 LAND ON 4 TH +1 Hazrat Shahjalal Intl Dhaka

CONFIRMED EVENT Eastern Bank on 4^th in Dhaka CONE

EVENTS CHIT 5^TH – DHAKA 6^TH AND DHAKA 7^th DONE

Flight 5 - EY 253 Etihda Wed 08 Dec 10 Dhaka 05:15 Hazrat Shahjalal Intl 09:00 landing 8th Abu Dhabi

VIN NEED LODGING IN ABU DHABI TO REST DURING DAY

Flights 6 - Wed 08 Dec 10 EY Etihad 23:00 Abu Dhabi LAND 9TH 02:15 +1 Quaid-e-Azam International Karachi

EVENTS KARACHI/LAHORE 9^TH AND 10^TH THEN ICC EVENT ON 13^TH DONE

Flight 7 - Tue 14 Dec 10 EY Etihad 05:20 Karachi Quaid-e-Azam International 06:45 Abu Dhabi International

Flight 8 Thursday 16 December EY Etihad 97 09:20 Abu Dhabi International 12:35 Ataturk

Flight 9 Thursday, December 16, Turkish Airlines 16:40 Istanbul (IST) 18:05 Chisinau (KIV)

CHISINAU 20 AND 21 RESCHEDULED TO JANUARY

Flight 10 – CHISINAU MON 20 DEC 15.50 – VIENNA 16.45

VIENNA 20.50 – DUBLIN 22.45

JAN 2010

Coke DROGHEDA THURSDAY 6 January 2011 Incoterms 2010 (2x3hr sessions) DONE

IFC JOHANNESBURG arrive mon 10 Jan leave sat 15 jan DONE

TRADE DEBT RESTRUCTURING CHISINAU WED19-THURS20 DONE

WED THURS 26/27 Moscow Trade Finance Conference Tanya CANCELLED

THURSD 27 JAN INCOTERMS POLAND DONE

TUE 8 February 2011- EBRD GTR Moscow DONE

Sunday 20 February 2011 Incoterms 2011 Dubai Chamber DONE

Monday 21 Feb GTR Conference Dubai DONE

24 Feb 2011 Abu Dhabi Commercial Bank DONE

26 & 27 Training in Qatar DONE

9 March Dhaka Event DONE

10 March Chittagong event DONE

13 March Training Saudi DONE

14 March Training Saudi DONE

21-23 March ICC Banking Commission in Switzerland DONE

30 March IFC Washington

1 April CMC Atlanta DONE

7 APRIL GTR INDIA LAUNCH OF FIT…not done

11 April Pepsico Incoterms 2010 Cork DONE

13 April 2011 Incoterms Seminar in Bulgaria DONE

May, 09 Conference Bishkek DONE

May, 10 Conference Bishkek DONE

May 12 Conference in Dushanbe DONE

May, 13 Conference in Dushanbe DONE

May, 17 Conference Almaty DONE

May, 18 Conference Almaty DONE

May, 21 Conference Astana DONE

May 23-25 Conference Istanbul IFC DONE

June 7 Exporta New York DONE

June 8&9 IADB Washington DONE

June 17 & 18 EBRD Mongolia DONE

June 21/22 Exporta London DONE

June 23 VOB Vacation California

June 13-17 Training in Uganda for Pavel

21 booked for Uganda - DONE

IFC Africa

Training in Burkina Faso for Monique cancelled 25-29 July . Preliminary marketing for those dates has had a very poor response with only 2 nomimnations so far despite multiple email shots and calls to almost all banks. I may have to reschedule a week or two later which is OK with Monique and acceptable to IFC. Her training with Canadian consultinfg firm also was cancelled due to not enough participants. Monique ticket reimbursed anyway.

08 JULY EY42 Dublin – Abu Dhabi Dep 0920 Arr 1950

CBD seminar Saturday 9 July

13 JULY EK380 Dubai – Hong Kong Dep 1005 Arr 2150

LC SURVEY 15 AND 16 JULY

17 July CX739 Hong Kong – Singapore Dep 1120 Arr 1505

SING SUVEY 18 AND 19 AND SING GU 20

21 July EY473 Singapore – Abu Dhabi Dep 1955 Arr 2325

Etihad Airlines – DUBAI MEETINGS 22 JULY

23 July EY61 Abu Dhabi – Minsk Dep 0820 Arr 1305

EBRD SEMINAR MINSK MON 25 AND TUESDAY 26

28 July B2865 Minsk – Paris Charles De Gaulle Dep 0820 Arr 1020

ICC PARIS SCHOOL MEETING 29 JULY

30 July AF5014 Paris – Dublin Dep 1540 Arr 1645

Lisheen milling 23 AUGUST CORK DONE

From Knock (NOC) to London-Stansted (STN)

Wed, 31Aug11 Flight FR 806 Depart NOC at 08:15 and arrive STN at 09:35

Meetings 31 August London a)Barclays b) exporta c) china systems d) ebrd.

From London-Stansted (STN) to Knock (NOC)

Thu, 01Sep11 Flight FR 805 Depart STN at 14:55 and arrive NOC at 16:20 DONE

04 SEPTEMBER EY42 Dublin – Abu Dhabi Dep 0920 Arr 1950

Etihad Airlines Economy Class

06 SEPTEMBER EK404 DUBAI – SINGAPORE Dep 0935 Arr 2055

Emirates Airlines Economy class

7 AND 8 SEPTEMBER SINGAPORE

09 SEPTEMBER EK433 SINGAPORE – DUBAI Dep 0935 Arr 1245

EmirateS Airlines Economy Class

10 SEPTEMBER EK5 DUBAI – LONDON HEATHROW Dep 1545 Arr 2015

Emirates Airlines Economy class

7 AND 8 SEPTEMBER SINGAPORE

MONDAY 12 SEPT ALL WEEK LONDON FAIRDEAL ARBITRATION

WEDNESDAY 21 AND 22 SEPTEMBER EBRD SKOPJE MACEDONIA

MONDAY 26 AND TUESDAY 27 SEPTEMBER EBRD BELGADE

THURSDAY 29 SEPTEMBER ICC CROATIA INCOTERMS 2010

WEDNESDAY 5, THURSDAY 6 AND FRIDAY 7 OCTOBER EBRD FORUM ISTANBUL

MONDAY 10 AND TUESDAY 11 OCTOBER EBRD MONGOLIA

WEDNESDAY 12 AND THURSDAY 13 OCTOBER EBRD EXPORTA MONGOLIA

TUESDAY 18 AND WEDNESDAY 19 OCTOBER EBRD TFP LONDON ( AFTERNONS 2-6)

FRIDAY 21 OCTOBER ICC PARIS

MONDAY 24 OCTOBER ALL WEEK IN BEIJING FOR ICC BANKING COMMISSION MEETING

THURSDAY 10 AND FRIDAY 11 NOVEMBER EBRD KIEV

TUESDAY 15 AND WEDNESDAY 16 NOVEMBER ICC RUSSIA ARBITRATION

THURSDAY 17 AND FRIDAY 18 EBRD MOSCOW

MONDAY 21 AND TUESDAY 22 NOVEMBER EBRD YAKATERINBURG

TUESDAY 29 AND WEDNESDAY 30 NOVEMBER EXPORTA SHANGHAI GRAND HYATT

Events done

ADB Baku – 20 Jan Vin DONE

PAVEL MONG 21 Jan to 27 JAN. DONE

EBRD Moscow 26-27 Jan Vin DONE

EBRD Ekaterinburg 1-2 Feb Vin DONE

IFC Lebanon 2 – 3 February Khalil DONE

EBRD Yerevan 4-5 Feb Vin DONE

IEA Dublin Tuesday 9 FEB VIN DONE

GTR Vin /Shehzad 16 and 17 Feb VIN DONE

EBRD London Fraud workshop thurs 24 Feb VIN DONE

CareFusion Manufacturing WED 3 March VIN DONE

IFC Washington - 10 March Vin DONE

VIN LEBANON - Mar 29 AND 30 VIN DONE

IFC CONGO TRADE SALES MONIQUE 12 TO 16 APRIL DONE

ICC China Trade Finance forum moderate Vin 20 April

Icc banking commission china apr 21 to 23 april VIN CANCELLED

IFC Istanbul – 26- 29 April DONE

MON 10 MAY TASHKENT UZEBEKISTAN – EBRD FRAUD DONE

TUE 11 MAY TASHKENT UZEBEKISTAN - EBRD FRAUD DONE

THU 13 MAY DUSHANBE TAJIKISTAN – EBRD FRAUD DONE

FRI 14 MAY DUSHANBE TAJIKIISTAN - EBRD FRAUD DONE

TUE 18 MAY SKOPJE, REPUBLIC OF MACEDONIA - EBRD TRADE FRAUD WORKSHOP DONE

WED 19 MAY SKOPJE, REPUBLIC OF MACEDONIA – EBRD TRADE FRAUD WORKSHOP DONE

THURS 20 MAY BELGRADE, SERBIA – EBRD TRADE FRAUD WORKSHOP DONE

FRI 21 MAY BELGRADE, SERBIA – EBRD TRADE FRAUD WORKSHOP DONE

WED 26 MAY CHISINAU, MOLDOVA - – EBRD TRADE FRAUD WORKSHOP DONE

THU 27 MAY CHISINAU, MOLDOVA – EBRD TRADE FRAUD WORKSHOP DONE

WED 2 JUNE MAY IFC URDG SEMINAR LAGOS DONE

3 JUNE MEETINGS LAGOS DONE

URDG ICC HUNGARY TUE 8 JUNE VIN DONE

URDG ICC POLAND THURS 10 JUNE VIN DONE

URDG DUBAI CHAMBER MONDAY 14 JUNE DONE VIN

Mongolia Technical Assistance Fraud – 23 June to 30 June VIN

Including workshop on 28 and 29 June

ICC China 30 June – opinions workshop VIN

Pakistan URDG 758 Karachi 2 July VIN

Pakistan URDG 758 Lahore 4 July VIN

Pakistan URDG 758 Islamabad 5 July VIN

HK LC Survey for China Systems 12 July

Singapore LC Survey China Systems 15 and 16 July vin

Bangladesh 1 chittagong and 2 August Dhaka – Vin DONE

ADB Seminar in August 23-27 VIN DONE

Vietnam Martin 31 Aug his seminar. VIN DONE

EBRD Meeting London 14 September – done

ICC BC Meeting Orlando – 20 to 25 September –DONE

ICC Masterclass Paris 27 to 29 September-DONE

EBRD Fraud Workshop Bishkek Mon 18 and Tue 19 Oct - DONE

EBRD Conference Istanbul Wed 20 to Fri 22 Oct - DONE

IEA LC Course Tue 26 Oct DONE

CARLOS IN NICARAGUA 5 Nov DONE

ICC Ireland (Chambers Ireland) Incoterms events;

Dublin 9 Nov DONE

Galway 10 Nov DONE

Cork 11 Nov DONE

PFIZER 23 NOV DUBLIN DONE

Flight 1. - Fri 26 Nov 10 EY Etihad 08:50 Dublin 20:15 Abu Dhabi International

VIN LAND FRIDAY NIGHT IN ABU DHABI 26 NOV

VIN SEMINAR DUBAI CHAMBER SUNDAY 28 NOV

VIN EVENT UAB BANK DUBAI MONDAY 29 NOV DONE

Flight 2 - EK 781 Emirates Wed01 Dec 10 14:15 Dubai International Airport (DXB) 8hr 40min landing 19:5(LOS)

VIN EVENT LAGOS THURSDAY 2 DECEMBER DONE

Flight 3 - EK782 Emirates Thu02 Dec 10 21:25 Murtala Muhammed Airport (LOS) 7hr 15min landing 07:40 at (DXB)

VIN LAND IN DUBAI EARLY MORNING 3 Friday 3 DECEMBER DONE

Flight 4 - Fri 03 Etihad Dec 10 21:25 Abu Dhabi International 04:00 LAND ON 4 TH +1 Hazrat Shahjalal Intl Dhaka

CONFIRMED EVENT Eastern Bank on 4^th in Dhaka CONE

EVENTS CHIT 5^TH – DHAKA 6^TH AND DHAKA 7^th DONE

Flight 5 - EY 253 Etihda Wed 08 Dec 10 Dhaka 05:15 Hazrat Shahjalal Intl 09:00 landing 8th Abu Dhabi

VIN NEED LODGING IN ABU DHABI TO REST DURING DAY

Flights 6 - Wed 08 Dec 10 EY Etihad 23:00 Abu Dhabi LAND 9TH 02:15 +1 Quaid-e-Azam International Karachi

EVENTS KARACHI/LAHORE 9^TH AND 10^TH THEN ICC EVENT ON 13^TH DONE

Flight 7 - Tue 14 Dec 10 EY Etihad 05:20 Karachi Quaid-e-Azam International 06:45 Abu Dhabi International

Flight 8 Thursday 16 December EY Etihad 97 09:20 Abu Dhabi International 12:35 Ataturk

Flight 9 Thursday, December 16, Turkish Airlines 16:40 Istanbul (IST) 18:05 Chisinau (KIV)

CHISINAU 20 AND 21 RESCHEDULED TO JANUARY

Flight 10 – CHISINAU MON 20 DEC 15.50 – VIENNA 16.45

VIENNA 20.50 – DUBLIN 22.45

JAN 2010

Coke DROGHEDA THURSDAY 6 January 2011 Incoterms 2010 (2x3hr sessions) DONE

IFC JOHANNESBURG arrive mon 10 Jan leave sat 15 jan DONE

TRADE DEBT RESTRUCTURING CHISINAU WED19-THURS20 DONE

WED THURS 26/27 Moscow Trade Finance Conference Tanya CANCELLED

THURSD 27 JAN INCOTERMS POLAND DONE

TUE 8 February 2011- EBRD GTR Moscow DONE

Sunday 20 February 2011 Incoterms 2011 Dubai Chamber DONE

Monday 21 Feb GTR Conference Dubai DONE

24 Feb 2011 Abu Dhabi Commercial Bank DONE

26 & 27 Training in Qatar DONE

9 March Dhaka Event DONE

10 March Chittagong event DONE

13 March Training Saudi DONE

14 March Training Saudi DONE

21-23 March ICC Banking Commission in Switzerland DONE

30 March IFC Washington

1 April CMC Atlanta DONE

7 APRIL GTR INDIA LAUNCH OF FIT…not done

11 April Pepsico Incoterms 2010 Cork DONE

13 April 2011 Incoterms Seminar in Bulgaria DONE

May, 09 Conference Bishkek DONE

May, 10 Conference Bishkek DONE

May 12 Conference in Dushanbe DONE

May, 13 Conference in Dushanbe DONE

May, 17 Conference Almaty DONE

May, 18 Conference Almaty DONE

May, 21 Conference Astana DONE

May 23-25 Conference Istanbul IFC DONE

June 7 Exporta New York DONE

June 8&9 IADB Washington DONE

June 17 & 18 EBRD Mongolia DONE

June 21/22 Exporta London DONE

June 23 VOB Vacation California

June 13-17 Training in Uganda for Pavel

21 booked for Uganda - DONE

IFC Africa

08 JULY EY42 Dublin – Abu Dhabi Dep 0920 Arr 1950

CBD seminar Saturday 9 July

13 JULY EK380 Dubai – Hong Kong Dep 1005 Arr 2150

LC SURVEY 15 AND 16 JULY

17 July CX739 Hong Kong – Singapore Dep 1120 Arr 1505

SING SUVEY 18 AND 19 AND SING GU 20

21 July EY473 Singapore – Abu Dhabi Dep 1955 Arr 2325

Etihad Airlines – DUBAI MEETINGS 22 JULY

23 July EY61 Abu Dhabi – Minsk Dep 0820 Arr 1305

EBRD SEMINAR MINSK MON 25 AND TUESDAY 26

28 July B2865 Minsk – Paris Charles De Gaulle Dep 0820 Arr 1020

ICC PARIS SCHOOL MEETING 29 JULY

30 July AF5014 Paris – Dublin Dep 1540 Arr 1645

Lisheen milling 23 AUGUST CORK DONE

SEPTEMBER ON EVENTS AS AT AUGUST 2011

From Knock (NOC) to London-Stansted (STN)

Wed, 31Aug11 Flight FR 806 Depart NOC at 08:15 and arrive STN at 09:35

Meetings 31 August London a)Barclays b) exporta c) china systems d) ebrd.

From London-Stansted (STN) to Knock (NOC)

Thu, 01Sep11 Flight FR 805 Depart STN at 14:55 and arrive NOC at 16:20

04 SEPTEMBER EY42 Dublin – Abu Dhabi Dep 0920 Arr 1950

Etihad Airlines Economy Class

06 SEPTEMBER EK404 DUBAI – SINGAPORE Dep 0935 Arr 2055

Emirates Airlines Economy class

7 AND 8 SEPTEMBER SINGAPORE

09 SEPTEMBER EK433 SINGAPORE – DUBAI Dep 0935 Arr 1245

EmirateS Airlines Economy Class

10 SEPTEMBER EK5 DUBAI – LONDON HEATHROW Dep 1545 Arr 2015

Emirates Airlines Economy class

7 AND 8 SEPTEMBER SINGAPORE

MONDAY 12 SEPT ALL WEEK LONDON FAIRDEAL ARBITRATION

WEDNESDAY 21 AND 22 SEPTEMBER EBRD SKOPJE MACEDONIA

MONDAY 26 AND TUESDAY 27 SEPTEMBER EBRD BELGADE

THURSDAY 29 SEPTEMBER ICC CROATIA INCOTERMS 2010

Home on Friday 30 SEPT FRIDAY -.1.2.3.4.

WEDNESDAY 5, THURSDAY 6 AND FRIDAY 7 OCTOBER EBRD FORUM ISTANBUL

Saturday, October 08, - Dep Istanbul -23:45 arrive 14:00 on SUN 9th OVERNIGHT BEIJING

Monday, October 10, 2011

Departure: 08:35 Beijing, China - Capital Airport, terminal 3

Arrival: 10:50 Ulaanbaatar, Mongolia - Buyant Uhaa

WEDNESDAY 12 – EXPORTA UB TRADE FOR SME’S

AND THURSDAY 13 OCTOBER EBRD EXPORTA MONGOLIA

Sunday, October 16, 2011

Departure: 11:50 Ulaanbaatar, Mongolia - Buyant Uhaa

Arrival: 14:00 Beijing, China - Capital Airport, terminal 3

Etihad Monday 17 October EY887 01:30 Capital (PEK) 06:20 Abu Dhabi (AUH)

Monday 17 October EY887 01:30 Capital (PEK) 06:20 Abu Dhabi (AUH)

Thursday 20 October EY37 09:00 Abu Dhabi (AUH) 14:25 Charles De Gaulle

FRIDAY 21 OCTOBER ICC PARIS - INCOTERMS AND DOCUMENTARY COMPLIANCE

Saturday 22 October EY32 11:20 Charles De Gaulle (CDG) 20:15 Abu Dhabi (AUH)

Stop at Abu Dhabi

Saturday 22 October EY886 21:30 Abu Dhabi (AUH) 08:50 Capital on 23rd (PEK) (+ 1 day)

MONDAY 24 OCTOBER ALL WEEK IN BEIJING FOR ICC BANKING COMMISSION MEETING

SAT 29 AND SUN 30 CMBC CHINA CDCS PREP

Monday, October 31, 2011

Departure: 20:00 Beijing, China - Capital Airport, terminal 3

Arrival: 00:55 +1 day(s) Manila, Philippines - Ninoy Aquino International, terminal 1

MON 7 AND TUESDAY 8 NOV EBRD LONDON

THURSDAY 10 AND FRIDAY 11 NOVEMBER EBRD KIEV

TUESDAY 15 AND WEDNESDAY 16 NOVEMBER ICC RUSSIA ARBITRATION

THURSDAY 17 AND FRIDAY 18 EBRD MOSCOW

Sat fly to yekateriburg

MONDAY 21 AND TUESDAY 22 NOVEMBER EBRD YAKATERINBURG

WED 23 - U6-294 of Urals Airlines from Yekaterinburg to DME on November 23, 2011 departing at 12.00 local time and arriving to DME (Domodedovo airport) at 12.25. (3 hours to your flight to Abu Dhabi)

23 Nov EY6815:20 Domodedovo (DME) 20:40 Abu Dhabi (AUH)

TUESDAY 29 AND WEDNESDAY 30 NOVEMBER EXPORTA SHANGHAI GRAND HYATT

We have workshop in Dhaka on Monday December 5 and in Chittagong on Wednesday December 7.

We have workshop in ICC Sri lanka on Satruday December 10

PENDING EVENTS

ADB waiting for funding for training

4 RFPs received. LAC ones and big African one not received yet.

PENDING EVENTS

ADB looking for 2-4 Novembrer

4 EOIs submitted for training in Africa and Asia.

Tradebrief 7 rescheduled for First week of September 2011

Awaiting Directors note and CS page

Tradebrief 7 going out Monday Evening 19 Septembr

E –learning Sales 2010

FIT Invoiced Sales Summary 2010

Revenue FIT Formula (invoiced – IOE cost – coast cost) = EUR

· FIT Bangladesh ( 14,500 - 1250 - 5000 ) = EUR 8250

· FIT Nigeria ( 11429 - 1000 - 4000 ) = EUR 6429

· FIT Kenya ( 8990 - 775 - 3100 ) = EUR 5115

· FIT Pakistan (885 – 525) = EUR 360

Total FIT Revenue LESS direct costs 20006

Corporate Group Invoiced Sales Summary 2010

Stanbic invoice and paid EUR19,320.0

TOTAL CORPORATE/GROUP 19,320

Other Elearning Sales Summary 2010

L4G 23295

eBSI 29,414

TOTAL : 52709

Cash Received YTD 2010

94932

Cash outstanding 2010

3600 these are mainly in December, active and have asked for time to pay. Continuing to chase unpaid.

Writeoffs 6,200

E –learning Sales 2011

FIT Invoiced Sales Summary 2011

Revenue FIT Formula (invoiced – IOE cost – coast cost) = EUR

· FIT Bangladesh ( 14,720 - 5800 ) = EUR 8920

· FIT Nigeria ( 4,930 – 2125 ) = EUR 2805

· FIT Kenya ( 6130 - 2500 ) = EUR 3630

· FIT Pakistan (4360 – (1080 + 1500)) = EUR 1780

Total FIT Revenue 30,140 LESS direct costs 16,125

Corporate Group Invoiced Sales Summary 2011

TOTAL CORPORATE/GROUP

Order from CBD for 23 students = 8050 Invoice paid

Other Elearning Sales Summary 2011

L4G 25552

eBSI 16756

TOTAL : 40,333

Cash Received YTD 2011

52,843

Total Outstanding YTD 2011

28934

FFF due out on Friday Evening.

E –learning Sales 2010

FIT Invoiced Sales Summary 2010

Revenue FIT Formula (invoiced – IOE cost – coast cost) = EUR

· FIT Bangladesh ( 14,500 - 1250 - 5000 ) = EUR 8250

· FIT Nigeria ( 11429 - 1000 - 4000 ) = EUR 6429

· FIT Kenya ( 8990 - 775 - 3100 ) = EUR 5115

· FIT Pakistan (885 – 525) = EUR 360

Total FIT Revenue LESS direct costs 20006

Corporate Group Invoiced Sales Summary 2010

Stanbic invoice and paid EUR19,320.0

TOTAL CORPORATE/GROUP 19,320

Other Elearning Sales Summary 2010

L4G 23295

eBSI 29,414

TOTAL : 52709

Cash Received YTD 2010

94932

Cash outstanding 2010

3600 these are mainly in December, active and have asked for time to pay. Continuing to chase unpaid.

Writeoffs 6,200

E –learning Sales 2011

FIT Invoiced Sales Summary 2011

Revenue FIT Formula (invoiced – IOE cost – coast cost) = EUR

· FIT Bangladesh ( 14,720 - 5800 ) = EUR 8920

· FIT Nigeria ( 4,930 – 2125 ) = EUR 2805

· FIT Kenya ( 6130 - 2500 ) = EUR 3630

· FIT Pakistan (4360 – (1080 + 1500)) = EUR 1780

Total FIT Revenue 30,140 LESS direct costs 16,125

Corporate Group Invoiced Sales Summary 2011

TOTAL CORPORATE/GROUP

Order from CBD for 23 students = 8050 Invoice paid

Other Elearning Sales Summary 2011

L4G 25552

eBSI 16756

TOTAL : 40,333

Cash Received YTD 2011

53161

Total Outstanding YTD 2011

27973

FFF due out on Friday Evening.

What are next steps now?

23 Participants.

Course due to be completed at end of July.

Invoice has been paid

So far 10 completed

6 yet to start

7 still working through it

23 Participants.

Course due to be completed at end of July.

Invoice has been paid

So far 10 completed

6 yet to start

7 still working through it

Acnowlwdgement received awaiting confirmation

FMCB Bank – Nana following up on Business units that originated the request

Corporate brochure still not done… much be finished by end September.

Awaiting response on SV&G Chamber project.

FMCB Bank – Nana following up on Business units that originated the request

Corporate brochure still not done… must be finished by end September.

Awaiting response on SV&G Chamber project.

eBSI Participates as Partner at

IIBLP Annual Survey

Singapore, IIBLP Annual Survey 2011

The Annual Survey is the premier LC event of the Year. It is the only truly global forum dedicated to letters of credit. With its unique combination of moderators, panelists, attendees and materials, the Annual Survey offers an unsurpassed networking opportunity, placing you face-to-face with over 100 of the leading LC professionals from every discipline in the industry. eBSI Director Vincent O'Brien attended this very successful IIBLP Annual Survey in Letters of Credit on 18-19 July 2011.

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Running for over a decade, the sessions are attended by over 500 letter of credit professionals from banks, law firms, corporations and universities throughout the world. This years survey was one of the biggest in the history of the IIBLP which reflects the importance of this annual event.

iiblp02

Vincent O'Brien Awards certificates to participants in his newly appointed role as Associated Director for the Institute of International Banking Law and Practice (IIBLP). At the event: Professor James Byrne, IIBLP Founder, Soh Chee Seng, local LC Expert with Eileen Wong, from Singapore, and Vincent O'Brien.

IFC's 4th Annual GTFP Bank Partners Meeting

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Global Trade Finance Program

IFC's 4th Annual GTFP Bank Partners Meeting

The IFC GTFP Team followed on from their successful Africa Forum into a 2 day bank partners meeting which had over 200 delegates attending form around the world. Again the two days managed to cover a very varied Meeting Agenda as can be seen from the photo reportage below. The IFC Annual Partner Awards took place at the end of the Second day of the conference. Below you can get a taste of the events!

Presentations 4th Annual Bank Partners Meeting (May 24-25, 2011)

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Updates on the Global Trade Finance Program

Scott Stevenson - Senior Manager

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Updates on the Global Trade Liquidity Program

German Vegarra - Senior Manager

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Talking Heads - Platinum Sponsors Survey the Industry Trends and Issues
Citi - Craig Weeks, Managing Director, Global Transaction Services
Intesa Sanpaolo - Ferdinando Angeletti, Head of Emerging Markets, Italy
J.P.Morgan - Jeremy Shaw, EMEA Trade Executive, J.P.Morgan Treasury Services
Standard Chartered Bank - Ashutosh Kumar, Global HEad, Local Corporate Products & Receivables
Moderator: Bonnie Galat, Global Head, IFI Business Development - Short-term Finance

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On the Rebound: Trade Finance in Emerging Europe/Central Asia
First Investment Bank - Maya Georgieva, Executive Director, Bulgaria
Promsvyazbank - Oksana Gudzenko, Head, Trade Finance Solutions Division, Russia
Bank of Georgia - Thea Jokhadze, Head of debt Capital Markets, Georgia
Moderator: Mark Rozanski, Regional Head, Trade Finance - Europe and Central Asia

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Tales from the Trenches: ICC Experts on Fraud, Piracy, Disputes and Developments
ICC Commercial Crime Services - P. Mukundan, Director - International Maritime Bureau

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New Product Session: Supporting Agriculture through Inventory Financeing - Global Warehouse Finance Program (GWFP)
Makiko Toyoda - Product Lead
Rabobank - Hans Boggard, Head, Agribusiness
Societe Generale de Surveillance SA - Christine Grolimund, VP, Collateral Management Services

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The Recovery of Trade Flows & Finance: a Review of Current Issues and Implications for Emerging Markets
World Trade Organization - Marc Auboin, Economic Counselor

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Latin America: High Liquidity and Aggressive Pricing - Strategies for Making Good Business
Multibank - Cynthia Hernandez, Head of Trade Finance, Panama
Banco Pine - Angela Martins, Executive Director, Brazil
Banco Internacional - Julio Jaraquemada, CEO, Chile
Lafise Group - Antonio de La Pena, SVP and Member of the Board
Banco Ficohsa - Abel Garcia, Head of Trade Finance, VP, Honduras
Moderator: Antonio Alves, Regional Head of Trade Finance - Latin America and Caribbean

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Risks and Opportunities for Developing Countries in the New World Economic Order: Focus on Turkey and the Region
Koç Holding - Ahmet Çimenoðlu, Head of Economic Research

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From Stable to Challenging: The Middle East Story
Fransabank - Georges Andraos, Deputy Head of International Division, Lebanon
Banque Libano-Francaise - Maurice Iskander, Head of International Division, Lebanon
BNP Paribas Group - Simone Wirz, Regional Manager
Habib Bank Limited - Tariq Mateen Khan, General Manager FIs & International Banking, Pakistan
Moderator: Shehzad Sharjeel - GTFP Regional Head, MENA & South Asia

IMG_1360-490
Where Angels Fear to Tread: Risk Appetitive in the Insurance Market
Marsh Limited - James Cunningham, Senior Vice President, Political Risk & Structured Credit

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Bangladesh Trade Trends and Opportunities
BRAC Bank - Mahmoodun Nabi Chowdhury, Head of Corporate Banking
South East Bank - Syed Imtiaz Hasib, Deputy Managing Director
Eastern Bank - Ali Reza Iftekhar, Managing Director & CEO
Moderator: Shehzad Sharjeel - GTFP Regional Head, MENA & South Asia

SEM2011118-490
New Product Session:
Structured Trade Commodity Finance for Challenging Flows
Yasmin Saadat, Product Lead

IMG_1385-490

Supporting Emergina Market Supply Chains - Global Trade Supplier Finance (GTSF)
Priyamvada Singh, Product Lead

IMG_1387-490

Africa's Economic Renaissance
Commerzbank - Florian Witt, Senior Relationship Manager (FI Africa)
Ecobank Group - Sebastian Ashong-Katai, Group Head, Financial Institutions & International Organization
Rawbank - Baby Pallipadon, Financial Director
Moderator: Sabrina Borlini, Senior Business Development Manager

IMG_1400-490

The ICC Global Trade Finance Survey 2011: the Outlook from the Market
ICC Representative to WTO EGTF - Vincent O'Brien

After the formal conference a number of awards were given to the best performing banks under the IFC GTFP program, we are delighted to say some of our graduates won awards :

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Congratulations Ahmed Shaheen and Ali Reza Iftekhar from Easter Bank!

IFC Africa Forum 2011

Istanbul, Turkey.

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Global Trade Finance Program

IFC's Africa Forum 2011

A regionally focused meeting was held in Istanbul on 23 May 2011 which was organised by the IFC Global Trade Finance Program in the broader context of the IFC Annyal Partners meeting held on 24-25 May 2011. Over 130 delegates attended this very informative event which gave other regional partners of IFC an opportunity to get a glimpse at the potential and structure of the African market as well as meet their African colleagues for networking. Highlights of the Africa Forum Agenda can be seen below.

Presentations Pre-Conference Africa Forum (May 23, 2011)

DSC02465-490

Recent Trends in Chinese-African Trade Flows

DSC02469-490

Bank of China - Mei Zhang, Senior Manager, Forfaiting, Global Trade Services, China
The Standard Bank - Craig Polkinghorne, Global Head Structured Trade and Commodity Finance, South Africa
Access Bank - Banjo Adegbohungbe, General Manager, Global Trade & Payments
Moderators: Olivier Buyoya, Trade Finance Specialist - Africa and Li Tang, Operations Officer

DSC02478-490

The Growth of Regional Banking Groups in Africa: Facilitating the Importation of Consumer Goods
Ecobank Transnational Inc - Albert Essien, Executive Director, Togo

DSC02479-490

Diamond Trust Bank - Sathya Vadana, General Manager, Group Treasury, Kenya
Moderator: Gboyega Songonuga, Principal Trade Specialist, Regional Head - Africa

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Capturing the Agri Business Opportunities: From Crop Financing to Export Receipts
Attijariwafa Bank - Abdeslam Taadi, Trade & Investment Promotion Manager, Morocco
NBS - John Biziwick, Chief Executive Officer, Malawi
The Trust Bank - Osei Asafo-Adjei, General Manager, Corporate Banking, Ghana
Moderator: Souleymane Traore, Principal Country Officer

Registered members of the IFC FIT Initiative as well as students and graduates of the IFC FIT Program can view a video presentation covering regional trade floiws in their Online Video Sessions Area.

IFC's 7th Annual Trade Finance Seminar

Washington DC, United States.

The IFC Short Term Finance Team, a department of the International Finance Corporation organised the IFC's 7th Annual Trade Finance Seminar in Washington DC, USA on 30 March 2011. Over 200 people attended this year's event and the feedback received was highly positive. A wide variety of focused presentations were featured at the event and delegates had the opportunity to build new relationships during the networking sessions. For your reference, please note that the presentations given during the sessions are now available in our website through the following LINK.

THE NEXT ANNUAL TRADE FINANCE SEMINAR IS SCHEDULED FOR APRIL 11, 2012.
PLEASE MARK YOUR CALENDAR!

In addition, you can also view a selection of the Seminar photos below.

SEM201160-490
Introduction
Bonnie Galat, Global Head, Business Development, Short Term Finance

SEM201163web

Opening Remarks
Lars Thunell, EVP and CEO (IFC)

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Trade & Beyond: IFC's Strategy in Short-term Finance
Georgina Baker, Director, Short Term Finance

SEM201173-490

Updates on the Global Trade Programs
GTFP: H. Scott Stevenson, Senior Manager

Updates on the Global Trade Programs

GTLP: Susan Starnes, Investment Officer

SEM201184-490

Global Economic Analysis of Trade and Macro Conditions
Andrew Burns - Manager, Development Prospects Group (World Bank)

SEM201190web

COFFEE/TEA BREAK - Priyamvada Singh, Yasmin Saadat, Vincent O'Brien and Scott Stevenson

SEM2011112web

What's New? Short-term Products Unveiled
Supply Chain Finance: Priyamvada Singh, Product Lead (IFC)

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What's New? Short-term Products Unveiled
Warehouse Finance: Makiko Toyoda, Product Lead (IFC)

SEM2011121-490

What's New? Short-term Products Unveiled
Structured Trade-Commodity Finance - Case of Ghana Cocoa:
Craig Polkinghorne, Global Head, Structured Commodity & Trade Finance (Standard Bank) -

SEM2011118-490

What's New? Short-term Products Unveiled
Yasmin Saadat, Product Lead (IFC)

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You Said It!: Results of the IMF BAFT-IFSA Trade Finance Survey
Donna K. Alexander, CEO BAFT-IFSA

You Said It!: Results of the ICC-WTO Global Trade Finance Survey

SEM2011132web

Vincent O'Brien, ICC Rep to the WTO Expert Group on Financial Crisis*
* After opening the file above, please launch slide show.

SEM2011136-490

Exporter Panel - Following Global Growth into Difficult Destinations
Jeff Cain, Head of Project and Export Finance (Siemens Financial Services)
Wayne Ramus (GE Capital Markets Corporate)
Moderator: Mark Rozanski, Regional Head - Trade, Europe/CIS (IFC)

Trade Finance Operations Seminar

Kampala, Uganda - eBSI and IFC Africa Region delivered a very successful regional group training in Kampala Uganda from 13-17 June 2011.

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The curriculum for the course is aimed at deepening knowledge and skills on trade finance.

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Areas covered included back office operations, documentary credits, documentary collections. methods of financing and much more.

International Trade Finance Cases :

Analysis and Solutions

Seminars with ICC Bangladesh

"The Advent and continuing challenges of the financial crisis has seen a dramatic increase in payment defaults and discrepancies leading to disputes between trading partners in international trade", said ICCB President Mahbubur Rahman while inaugurating the daylong workshop on International Trade Finance: Cases-Analysis and Solutions organised by the ICC Bangladesh with eBSI at Bangabandhu International Conference Centre, Dhaka on March 9. This increase in risk has seen a surge in returning to the use of the traditional trade finance instruments such as commercial letters of credit and standby letters of credit by the parties.

bangla5-450

The ICC Bangladesh President also said that International Trade has exerted a profound influence on the economic growth of the country. It has been observed that with the opening up of the economy and liberalization of trade, developing countries, especially India and China, have grown over the years.

International trade injects global competitiveness and hence the domestic business units tend to become very efficient being exposed to international competition. Due to the integration with the world economy the entrepreneurs can have easy access to technological innovations. They can utilize the latest technologies to enhance their productivity. In this regard, it is also important for professionals and others concerned to be proficient in international trade finance, he added.

bangla4-450

According to the recently published global survey ‘Rethinking Trade Finance 2010’on trade finance by the World Trade Organisation (WTO), 34% of respondents had seen an increase in refusals, 44% had seen an increase in claims under standby LC’s, 23% of respondents (up from 12% in 2009) had experienced an increase in the number of court injunctions stopping payment under bank undertakings and 73% of respondents experienced increases in confirmations, Vincent O'Brien added.

bangla1-450

The ICC Bangladesh President observed that international trade injects global competitiveness and hence the domestic business units tend to become very efficient being exposed to international competition. Due to the integration with the world economy the entrepreneurs can have easy access to the technological innovations. Therefore, there is an urgent need for advanced knowledge in documentary credit operations and management and essential for the professionals concerned to be proficient in the international trade finance, he concluded.
Chairman of ICCB Standing Committee on Banking Technique & Practices, Mamun Rashid in his welcome address said that presently more than 80% transactions are made through open ended L/Cs. So he hoped that Bangladeshi exporters within the shortest possible time will be able to follow the international practice.

bangla3-450

ICCB Secretary General Ataur Rahman mentioned that for the first time ICC Bangladesh has organized this particular workshop covering actual cases for the participants to achieve maximum practical benefit in everyday documentary credit operations and risk management. He also said that since 2008 ICC Bangladesh has been organizing regular IFC FIT Initiative (Finance of International Trade), developed jointly by ICC Bangladesh and eBusiness School International of Ireland (eBSI) with support from International Finance Corporation (IFC) and Certified Documentary Credit Specialist (CDCS) Examin- ation of ifs School of Finance, UK.

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A long standing Member of the ICC Banking Commission and a representative of ICC Banking Commission to the WTO Expert Group on the Financial Crisis Vincent O’Brien,from eBSI conducted the workshop on the occasion.

groupmar2011

A total of 109 participants from banks, financial institutions and export oriented industries attended the workshop in Dhaka. The second workshop on the same topic was held in Chittagong on March 10, where 45 participants took part.

Another course intake of the IFC FIT Program will be taking place to start off in November 2011. Dont miss out on this great training and professional development opportunity!

Contact details for enrolments of the IFC FIT Program in Bangladesh:

ICCbangladesh

Ataur Rahman
Secretary
ICC Bangladesh
Tel: 880-2-862-1942 or 880-2-967-6698
Fax: 880-2-862-1027
E-mail: < This e-mail address is being protected from spambots. You need JavaScript enabled to view it > or < This e-mail address is being protected from spambots. You need JavaScript enabled to view it > .

Advanced Trade Finance Cases

9 & 10 December 2010

eBSI collaborated with the Institute of Bankers Pakistan and International Finance Corporation in the delivery of advanced Trade Finance Training for bankers in Pakistan in two seminars which also marked the launch of the Third Edition of the IFC FIT Initiative in Pakistan.

ifc-ibp-workshop

The Advanced Trade Finance seminars took place in Karachi on 9 December 2010 and Lahore on 10 December 2010.

The objective of this case driven trade workshop was to provide participants with a detailed insight into recent cases and disputes that have arisen in the context of applying international trade finance rules such as the UCP 600, ISP 98, URDG. Cases related to allegations of fraud and inappropriate court injunctions were also examined.
The workshop also contained a focused session on the core elements of the new Incoterms® rules of the International Chamber of Commerce (ICC) which are effective from 1 January 2011.
Successful structures minimizing risk and maximizing benefits applied under the Global Trade Finance Program (GTFP) of the International Finance Corporation (IFC) were also demonstrated.

The speakers were :

Mr. Vincent O'Brien of eBSI Export Academy and ICC Banking Commission Representative to the WTO Expert Working Group on the Financial Crisis and he was recently appointed as Chair of the Market Intelligence Group (MIG) of the International Chamber of Commerce.

Mr. Shehzad Sharjeel who is currently leading IFC’s Global Trade Finance Program for Middle East & North Africa Region, based out of Egypt.

The Institute of Bankers in Pakistan is the official recruitment partner of the eBSI for the IFC FIT Program online Finance of International Trade certification. For further information bout enrolments for the IFC FIT Program which will be recruiting participants for a course start from week of 28 February 2011 click here or please contact for the Karachi Seminar Mr. Muhammad Akram (021) 35694245,35686955 (021) 35222416,35683805 This e-mail address is being protected from spambots. You need JavaScript enabled to view it ,
This e-mail address is being protected from spambots. You need JavaScript enabled to view it www.ibp.org.pk or Mr. Umar Farook 0333-2280974 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Incoterms 2010 with ICC Pakistan

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eBSI and ICC Pakistan delivered an introductory workshop on Incoterms 2010 in Karachi on 13 December 2010

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The Karachi Incoterms event was very well attended reflecting the importance of these terms in Pakistan.

karachiportaward

eBSI First Director Vincent O'Brien received a token of thanks during the event for having regularly delivered seminars in Pakistan for over a decade.

Incoterms 2010 with ICC Bangladesh

eBSI and ICC Bangladesh delivered a series of seminars on the new Incoterms 2010 starting with a seminar in Chittagong on 5 December and then continuing with a two day event on 6 and 7 December 2010 in the country's Capital, Dhaka.

Local coordinator for the IFC FIT Progam Mr Bakhteyer Hossain also attended the seminar.

The-happy-team-at-Mutual-Tr-1000

The seminars also gave occasion to celebrate the latest batch of graduates of the IFC FIT Program online Finance of International Trade Certification as pictured above at the graduation ceremony in Dhaka on 6 December 2010.

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The seminar in Chittagong on 5 December was very well attended by both traders and bankers.

chitt_group
Graduates of the IFC FIT Program in Chittagong, Bangladesh.

These timely and important workshops are part of a serious in a number of countries that Vincent O'Brien has been delivering since the launch of the new Incoterms 2010 in September 2010.

Check out Vincent's video commentary on Incoterms 2010 at http://www.ebsi.ie/trade-news/international-trade-broadcasts

Another course intake of the IFC FIT Program will be taking place to start off on the week of 28 February 2011. Dont miss out on this great training and professional development opportunity!

Contact details for enrolments of the IFC FIT Program in Bangladesh:

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Page 1 of 3

	18.11.2011 Lagos, Nigeria - IFC FIT Graduation
	05.12.2011 ICC Bangladesh Seminar in Dhaka and Chittagong
	15.10.2011 Global Trade Liquidity Program
	09.09.2011 Incoterms 2010 Seminars in Vietnam
	18-19.07.2011 eBSI Participates as Partner at IIBLP Annual Survey Singapore
	24-25.05.2011 IFC 4th Annual Global Partners Meeting
	23.05.2011 IFC Africa Forum
	30.03.2011 7th IFC Annual Trade Finance Seminar
	13-17.06.2011 Traade Operations Seminar in Kampala Uganda
	10.03.2011 Trade Finance Seminar in Dhaka, Bangladesh
	9-13.12.2010 Events in Pakistan
	5-7.12.2010 Incoterms 2010 workshops in Bangladesh
	02.12.2010 Incoterms 2010 Seminar in Lagos 2 December
	02.06.2010 ICC Nigeria URDG event held on 2 June 2010
	21.05.2010 Kenya Launch A Fantastic Success!
	04.07.2009 FIT Initiative Launch held in Pnomh Penh, Cambodia on 4 July 2009
	01.07.2009 FIT Initiative Launch held in Ho Chi Minh City, Vietnam
	12.06.2009 FIT Initiative Launch held in Lagos Nigeria on 12 June 2009
	22.12.2008 Graduation Ceremony FIT Initiative in Karachi
	22.12.2008 'FIT' Graduation Ceremony Karachi.
	20.12.2008 'FIT' Graduation Ceremony Lahore.
	03.12.2008 Graduation Ceremony FIT Initiative in Dhaka
	02.05.2008 'FIT' Seminar on ISBP in Lahore.
	30.04.2008 'FIT' Launch in Pakistan - Seminar on ISBP with Vincent O'Brien in Karachi
	24.03.2008 'FIT' eLearning Program starts for Bangladesh Participants.
	21.03.2008 Workshop on "Transport Article: UCP-600" & Inauguration of "Documentary Credit Forum, Chittagong"
	15.05.2008 Workshop on UCP 600 in Cox's Bazzar
	06.03.2008 Meeting with CDCS candidates from Bangladesh
	4-5.03.2008 Seminar ISBP and UCP 600 - Dhaka Bangladesh.
	03.03.2008 Seminar ISBP and UCP 600 - Chittagong Bangladesh.

	Press release for IFC FIT Initiative Launch in Bangladesh
	Press Coverage from the Daily Star, Bangladesh
	Press Coverage from the Financial Express Bangladesh
	Press Coverage from the New Age Newspaper Bangladesh

Event Listings

Event Listings

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Documents and Reports

08 JULY EY42 Dublin – Abu Dhabi Dep 0920 Arr 1950

CBD seminar Saturday 9 July

13 JULY EK380 Dubai – Hong Kong Dep 1005 Arr 2150

LC SURVEY 15 AND 16 JULY

17 July CX739 Hong Kong – Singapore Dep 1120 Arr 1505

SING SUVEY 18 AND 19 AND SING GU 20

21 July EY473 Singapore – Abu Dhabi Dep 1955 Arr 2325

Etihad Airlines – DUBAI MEETINGS 22 JULY

23 July EY61 Abu Dhabi – Minsk Dep 0820 Arr 1305

EBRD SEMINAR MINSK MON 25 AND TUESDAY 26

28 July B2865 Minsk – Paris Charles De Gaulle Dep 0820 Arr 1020

ICC PARIS SCHOOL MEETING 29 JULY

30 July AF5014 Paris – Dublin Dep 1540 Arr 1645

08 JULY EY42 Dublin – Abu Dhabi Dep 0920 Arr 1950

CBD seminar Saturday 9 July

13 JULY EK380 Dubai – Hong Kong Dep 1005 Arr 2150

LC SURVEY 15 AND 16 JULY

17 July CX739 Hong Kong – Singapore Dep 1120 Arr 1505

SING SUVEY 18 AND 19 AND SING GU 20

21 July EY473 Singapore – Abu Dhabi Dep 1955 Arr 2325

Etihad Airlines – DUBAI MEETINGS 22 JULY

23 July EY61 Abu Dhabi – Minsk Dep 0820 Arr 1305

EBRD SEMINAR MINSK MON 25 AND TUESDAY 26

28 July B2865 Minsk – Paris Charles De Gaulle Dep 0820 Arr 1020

ICC PARIS SCHOOL MEETING 29 JULY

30 July AF5014 Paris – Dublin Dep 1540 Arr 1645

IFC's 4th Annual GTFP Bank Partners Meeting

IFC Africa Forum 2011

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