KARACHI
\nSoneri Bank Limited (SNBL) has signed an agreement with internationally renowned company M\/s S&P Global Market Intelligence (formerly IHS Markit) for implementation of IHS Trade Product Solution for \u2018Price Verification of Commodities\u2019 and \u2018Identification of Dual Usage of Goods\u2019. The signing ceremony was held on 20-April-2022 at SNBL Head Office, Karachi.
\nSNBL President & CEO Muhtashim Ahmad Ashai shook hands with Khalid Hussain CEO of M\/s Khalid Associates Global (local representative of IHS Markit, Singapore) to mark the occasion. The Bank\u2019s other Senior Management present at the occasion were Deputy CEO Amin A. Feerasta, Chief Compliance Officer Tariq Yar Khan, Head of Operations Ali Hasan Shah, Chief Information Officer Muhammad Salman Ali, Chief Anti Money Laundering Officer \u2013 Muhammad Aman Yaqoob, Head Centralized Trade Operations Syed Zia Habib and Unit Head Trade Based
\nMoney Laundering Muhammad Adeel Ahmed Jafri.
\nSpeaking at the occasion, President & CEO Muhtashim Ahmad Ashai and Deputy CEO \u2013Amin A. Feerasta showed great satisfaction over this partnership and the benefit it brought to the Bank in effectively mitigating the risk of Trade Based Money Laundering, Terrorist and Proliferation Financing and complying with the Regulatory requirements set forth by State Bank of Pakistan.
\nKhalid Hussain CEO of Khalid Associates Global and Local representative of S&P Global thanked the Bank\u2019s Management for taking this initiative and setting a market trend by being one of the Lead Banks in Pakistan to acquire the Compliance Solution of \u2018Price related Due Diligence\u2019 and \u2018Identification of Dual Use of Goods\u2019.
\nHe also briefed about the background of IHS Markit, Singapore, its recent merger with the largest market intelligence company \u2013 M\/s S&P Global.
\nHe also mentioned that the implementation of this technology-based solution will bring more effectiveness
\nin Trade monitoring processes of SNBL and will
\nfurther augment the Bank\u2019s business and growth in Trade Business.<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI Soneri Bank Limited (SNBL) has signed an agreement with internationally renowned company M\/s S&P Global Market Intelligence (formerly IHS Markit) for implementation of IHS Trade Product Solution for \u2018Price Verification of Commodities\u2019 and \u2018Identification of Dual Usage of Goods\u2019. The signing ceremony was held on 20-April-2022 at SNBL Head Office, Karachi. SNBL President & […]<\/p>\n","protected":false},"author":2,"featured_media":257071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[689,6320,6321],"class_list":{"0":"post-257051","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-agreement","9":"tag-global-market-intelligence","10":"tag-soneri-bank-limited"},"yoast_head":"\n