The Commercial International Bank (CIB) hosted its first workshop entitled “Exchange Services for Companies”, specifically targeting small and medium sized enterprises.
Retail exchange companies, in cooperation with the Goethe Business School at Frankfurt University, collectively hosted the conference under the auspices of the European Bank for Reconstruction and Development (EBRD).
The EBRD is known for making investments stretching from Europe to Central Asia. However, recently, it has begun to focus on regions in the southern and eastern Mediterranean Sea.
The EBRD has also been known to invest in private sector projects, in addition to providing logistical consulting services to help with the establishment of open, democratic markets, all the while adhering to the highest standards of business and sustainable development.
The workshop lasted a day in order to shed light on the bank’s various departments and divisions, such as exchange services for companies and resource and wealth administration. This came in addition to advertising the bank’s sister companies, CIB’s new funding program, and opportunities for customers to take out loans with no guarantees.
This was followed by a lecture from representatives from the University of Frankfurt discussing the relationship between small and medium sized companies with banks, and their potential to work as partners in helping to support and prop up the country’s flagging economy.