The National Commercial Bank is participating in the Kingdom's pavilion at the 16th International Business Forum to be concurrently held with the 14th MUSIAD International Exhibition in cooperation with the Jeddah Chamber of Commerce and the Council of Saudi Chambers. The event will take place at CNR Expo Hall in the Turkish city of Istanbul, during the period from 11 to 14 October 2012, under the auspices of the Turkish Prime Minister Recep Tayyip Erdogan.
Commenting on the event, Abdul Kareem Abu Alnasr, CEO of NCB, explained that "NCB's keenness to participate in the Kingdom's pavilion in this important International Business Forum in Turkey goes in line with the role the Bank undertakes as a leading financial services group in the Region and particularly its belief in the viability of investing in Turkey and in contributing to strengthening the Saudi Turkish partnership across the different industries and business sectors.
He continues that "as a leading financial services group we seek to fulfill our positive role to facilitate trade flow and economic exchange between two of the largest economies in the Middle East Region, as The National Commercial Bank (NCB) is the premier bank among the leading middle east banks as per the criteria of Tier 1 Capital covered by The Banker's Listing.
He added “Being a major local player in the markets we operate in is the essence of our international business strategy, and this is evident in the substantial investment we have made in our Turkish subsidiary, one of Turkey’s leading participation banks. The strong growth we are witnessing through our Turkish subsidiary demonstrates the success and uniqueness of NCB’s approach to being a leading financial services group in the region.”