Commercial Bank attends IIF and IMF meetings in Washington, DC

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Commercial Bank joined global banks at the 2022 Annual Meetings of the International Monetary Fund (IMF), World Bank Group (WBG) and Institute of International Finance (IIF) held October 10-16 in Washington, DC.
Qatari banks jointly hosted a very successful and well-attended reception on October 14 in the presence of Finance Minister Ali bin Ahmed al-Kuwari; Qatar Central Bank (QCB) Governor Sheikh Bandar bin Mohamed bin Saoud al-Thani; Qatar Financial Center (QFC) and board members and CEOs of Qatari banks.
Handelsbank representatives at the event included Mohamed Ismail Mandani al-Emadi, Board Member; Joseph Abraham, Group CEO; Fahad Badar, EGM, International Banking; and Parvez Khan, EGM, Head of Investments and Strategy.
Along with its alliance bank, Alternatif Bank Turkey participated in the conference sessions and hosted a wide program of meetings and events in the United States. Commercial Bank officials used the conference to meet bilaterally with banks from different countries to build relationships and expand business in new areas, enhancing Commercial Bank’s regional depth.
Commenting on the event, Abraham said: “Our presence at the important annual meeting of the IMF demonstrates the importance of the Qatari banking sector in international banking. As a group that has long recognized the importance of responsible and sustainable business practices, we remain committed to further advancing our strategic goals through innovation and technology.”
During the six-day annual meetings, discussions on key issues including inflation and the impact of rising interest rates on developing countries’ ability to repay debt. With this investment, Commercial Bank is expanding its leading position as a pioneer in innovation banking on a local and global level.

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