Just like in every other corporate organization, Union Bank of Cameroon is ever ready to promote and enhance staff development.  As such, the General Manager with his ever ready desire to move the bank forward made it possible for the bank to be duly represented during the Global Trade Finance Program Training Course organized by International Finance Corporation (IFC), A member of the World Bank Group that took place in Douala, Cameroon, May 25 to 29, 2009.

UBC was represented at this seminar by a member of staff from Corporate Banking Group who acquired up-to-date knowledge on International Trade, namely: Incoterns 2000, documentary credit and collection, and Bank Guaranties.

Key necessities identified during this seminar were the need for competent staff members, modern equipment, timely response and good correspondent banks.

More so, categories of risk in international payment were outlined such as domestic transportation or commercial risk, international commerce risk linked with exchange rate risk, losses emanating from foreign laws, custom clearance, regulatory issues, delays in shipments, etc.

 All these in a bid to keep the bank abreast with latest information which will assist us serve our clients more efficiently, as the General Manager believes such professionaldevelopmentwould make a difference to the performance of UBC as a whole the individual staff members in a Global Economic Environment.

Also present at the seminar were corporate colleagues from Ecobank, Afriland first bank, international financial bank of Chad and IFC.