The programme funded by Japan is part of IFC's 3 billion US dollar Global Trade Finance initiative which supports banks in emerging countries to channel credit to trade related transactions.
"Our bankers need to keep pace with developments in the global financial markets and act accordingly to stay competitive," the statement quoted Nepal Bankers' Association President, Ashoke Sumsher J.B. Rana as saying.
IFC said the five day training programme will coach bankers how to use new trade finance products and exploit opportunities to increase external trade.
Participants will learn how to fine tune complex trade and finance transactions, mitigate risks, and adopt international trade finance best practices in local markets, the statement said."This training will augment the banks’ capacity to effectively design and use trade finance products and services to deliver better client solutions," Kyle Kelhofer, IFC Country Manager for Bangladesh, Bhutan and Nepal has said.
