KCB Bank Rwanda hosted its third session of the Expert Talks under the theme – Trade and Commodity Finance at the Kigali Convention Centre at Radisson Blu Hotel.
The bank continued its efforts to enlighten customers and the general public on financial literacy.
The KCB Expert Talks have addressed Fintech, Mortgages and Construction so far. Trade and Commodity Finance was the latest subject discussed, where experts in the aforementioned field were invited to speak about the trends and various ways of managing risk in the value chain and commodity finance.
Mr. Prosper Ndayiragije, Country Director of Africa Improved Foods in Rwanda shared his experience on managing the value chain in agribusiness while the Managing Director of Innovative Capital, Mr. Kefa Nyakundi elaborated on structured trade and commodity Finance.
“International trade is growing steadily, and so is the need for local traders to upscale their businesses,” said Albert Akimanzi, Head of Marketing and Corporate Communications, KCB Bank Rwanda.
“Therefore, knowledge on trade finance is key in the growth and success of these companies,” he added.
The KCB Expert talks aim to keep customers up-to-date with changing trends and technology in the market, he explained.
Over 100 customers attended the event including those involved in the value chain of the bank’s corporate and SME business, as well as invited guests from the general public.
“Given the on-going policy discussions on African Continental Free Trade Area (ACFTA), there is an urgent need for local businesses to strengthen their ability to transact seamlessly with various trade partners within the region.” he said.
The KCB Expert Talks are primarily an opportunity for our customers to engage with professionals on the changing dynamics of international trade.
Hopefully they can then be able to benefit from business opportunities in a global context.
KCB Bank Rwanda is also commemorating its 10th anniversary in the Rwandan Market this year and has participated in a series of developmental projects through the KCB Foundation.
In April, 100 youth were sponsored to study vocational skills in partnership with the National Youth Council in an effort to provide additional youth employment opportunities in the country.