Dubai Chamber organises workshop on trade credit risks
Source: Middle East Insurance Review | Jul 2016
The Dubai Chamber of Commerce and Industry in cooperation with Coface and National General Insurance Company (NGI) organised a workshop on Trade Credit Management Solutions, as part of its Business Beyond Borders Series launched earlier this year.
The workshop, conducted by Coface Emirates Services’ Senior Credit Analyst Victoria Monteiro, provided on-the-ground, practical, and real-time information on trade credit risks through real business cases as well as determining the credit worthiness of new trading partners while distinguishing a good customer from a potentially bad one.
Born out of the Chamber-organised Africa Global Business Forum (AGBF), this second workshop focused on making informed credit decisions determining credit worthiness of new trading partners for companies expanding into new markets as well as shedding light on trade credit insurance and how it works by experts in the field.
During the 3rd AGBF last November, Dubai Chamber signed a memorandum of understanding (MoU) with Coface and NGI to cooperate in supporting Chamber members in African trade and exports as well as those exporting to Africa with access to NGI trade credit insurance products. Meanwhile Coface will provide various value-added services that aim to assist companies entering or expanding their businesses in the continent besides organising a series of workshops and training courses.