QNB Egypt celebrated the graduation of a new batch of Certified SME Finance Professionals (Level I) at the conclusion of the Frankfurt School of Finance & Management accredited training program in cooperation with the Egyptian Banking Institute, the training arm of the Central Bank of Egypt.
This initiative comes within the framework of the bank's commitment to support the small, medium and micro enterprises sector, which is a key pillar of economic development, as it was one of the first banks in the country to succeed in exceeding the Central Bank of Egypt's target of 25% in loans and credit facilities granted to this segment of the bank's total credit facilities portfolio, in order to achieve the sustainable development goals.
The ceremony witnessed the presence of QNB Egypt and the Egyptian Banking Institute to honor the graduates who received their certificates after successfully completing the training program.
On this occasion, Mr. Mohamed Bedeir, Chief Executive Officer of QNB Egypt, said that this cooperation with the Egyptian Banking Institute comes within the framework of the bank’s strategy to build the capabilities of its employees and raise their efficiency in the field of financing small and medium enterprises, believing in the vital role played by this sector in achieving economic growth. He also expressed his appreciation for the efforts of the Egyptian Banking Institute in training bank employees in the country to provide them with the latest knowledge and experience to keep pace with developments in the banking industry.
For his part, Dr. Abdel Aziz Nosseir, Executive Director of the Egyptian Banking Institute, expressed his happiness with the graduation of a new batch of project sector employees at QNB Bank Egypt, after obtaining the Certified SME Finance Specialist Certificate - Level I, awarded by the Frankfurt School of Finance & Management.
He added that this certificate has been designed to provide vocational training for those in charge of meeting the financial needs of owners of small and medium enterprises in banks, and an electronic copy of this certificate has been offered to bank employees in the governorates to facilitate participation in it. He also stressed the importance of training and bringing international expertise, to create banking cadres capable of providing distinguished banking service.
It is worth mentioning that the training program included a series of specialized lectures and workshops that focused on the best international practices in financing small and medium enterprises, which contributed to deepening the participants' understanding of the challenges facing this sector, appropriate financing solutions, identifying lessons learned, and developing their competence to provide innovative sustainable solutions.