Seminar on managing Financial Risks at Cochin
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Mr. P J Thomas, Deputy General Manager, State Bank of India (Overseas Branch) addressing the participants. Others, on the dais, are Mr. R Asokan, Joint Director, FIEO-SR (2nd from left) and Mr. E Yoonus Kunju, Director, KEREXIL. |
Updated information and knowledge of various available tools to effectively handle and manage the foreign exchange risks as well as credit risks involved in international trade are essential to compete in the fierce competitive international market, said Mr. P. J. Thomas, Dy. General Manager of SBI’s Overseas Branch.
While inaugurating a Seminar on "Foreign Exchange and Credit Risk Management - Emerging Trends" jointly organized by the Southern Region office of FIEO and Kerala State Export Development Council (KEREXIL) on 8th May at Cochin, Mr. Thomas advised the exporters to make use of the tools available to safeguard against volatility in exchange rate in consultation with their bankers.
His colleague Mr. Ramesh Antony Joseph, who is the Chief Manager with the bank, made a presentation on ‘Export Finance’ covering various products offered by SBI under export finance to the exporters. He also spoke about Gold Card scheme and FCNR loans offered by the bank. State Bank of India (Overseas Branch) had sponsored the event.
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KEREXIL Director Mr. Yoonus Kunjuon on his part advised the exporters to draw on various incentives announced under new supplement to Foreign Trade Policy for the products which have high export potential in the State of Kerala. Later, separate presentations on ‘Foreign Exchange Risk Management’, ‘Export Credit Risk Policies’ and ‘Export Credit Risk Analysis’ were respectively made by |
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A view of the participants. |
Mr. V. Raghavan, Associate Vice President, Mecklai Financial and Commercial Services Ltd., Mr. Kumar, Manager, Export Credit Guarantee Corporation Ltd., and Mr. Stanley, Strategic Account Manager, Dun & Bradstreet Information Services India Pvt. Ltd.
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TURKMENTEL 2007 International Exhibition-cum-Conference Ashgabat, Turkmenistan
Turkmentel-2007, an International Exhibition-cum-Conference on telecommunication, equipment of telemetry, teleradio communication and information technology is going to be held in Ashgabat, Turkmenistan from 14 to 16 September 2007.
For more details, interested exporters may contact: Tel/Fax: +99312210707/ 99312353385; www.turkmentel-2007.gov.tm; Email:turkmentel-2007@online.tm |
