Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, recently organized a seminar at its Um Lekhba Branch, to address the challenges currently facing Small and Medium Enterprises (SMEs) in Qatar. The event took place in association with Qatar Development bank (QDB).

 During the event, a special presentation was delivered by Eisa Al Darbasti Auditing Firm, which covered a number of important issues that concern SMEs in the country.

Topics covered by the seminar included understanding the importance of Book Keeping, Audited Balance Sheets and related terminology, the importance of Management Information systems, as well as debt and collection management. The seminar also introduced attendees to the Value Added Tax (VAT) and what it means for their businesses.

The event also served as a networking platform for the bank’s Al Dhameen clients to exchange views and strategies on starting, financing and growing their own businesses, as well we how to succeed in Qatar’s ever-evolving SME landscape.

Al Dhameen is an indirect loan facility established by QDB to guarantee commercial bank loans to private sector companies, as a way of assisting Small and Medium Enterprises that show components of success with limited credit history or lack of collateral to obtain access to funds, for establishing or growing their businesses.

al khaliji’s seminar reflects the bank’s belief that to be a successful financial institution, it must meet the needs of both this generation and future generations of employees, customers, investors and business partners, by blending tradition with innovation.

 

Source: Grey Doha