Al Khalij Commercial Bank (Al Khaliji) recently organised a seminar at its Um Lekhba Branch to address the challenges currently facing small and medium-sized enterprises (SMEs) in Qatar.
During the event, held in association with Qatar Development bank (QDB), a special presentation was delivered by Eisa Al Darbasti Auditing Firm, which covered a number of important issues that concern SMEs in the country.
The topics included understanding the importance of book keeping, audited balance sheets and related terminology, and the importance of management information systems, as well as debt and collection management. The seminar also introduced attendees to value added tax 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 SMEs 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, it said.
Participants of the recently-held Al Khaliji seminar for Al Dhameen clients.
