Workshop for Letters of Guarantee

28/08/2024
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Risk Department Training Program
The Risk Department, as part of its 2024 awareness plan, organized a comprehensive training program ...

A workshop titled "Letters of Guarantee: Between Reality and Aspiration" was held at the headquarters of the General Administration, Tripoli Branch, on the 25th and 26th of August. The workshop was attended by the Housing and Utilities Projects Implementation Agency, the Administrative Centers Development and Management Authority, the General Electricity Company, and the representative office of ABC Bank. The purpose of the workshop was to discuss the status of letters of guarantee, address current challenges, and align the National Commercial Bank’s efforts to enhance its services in line with international changes.

The workshop was productive and held in an atmosphere of goodwill, optimism, and openness to constructive criticism, fostering collaboration. It concluded with recommendations aimed at developing a letters of guarantee product that meets the aspirations of all parties, promotes cooperation, encourages the sharing of expertise, consultation, and the organization of future workshops