Banking

With over 80 years of experience and more than 600 members in more than 100 countries, the ICC Banking Commission – ICC largest commission – has rightly gained the reputation of being the most authoritative voice in the field of trade finance.

About the Commission

With over 80 years of experience and more than 600 members in more than 100 countries, the ICC Banking Commission – ICC largest commission – has rightly gained the reputation of being the most authoritative voice in the field of trade finance. The ICC Banking Commission produces universally accepted rules and guidelines for international banking practice. ICC rules and guidelines on documentary credits, entitled UCP 600, are the most successful privately drafted rules for trade ever developed, serving as the basis of US$2 trillion worth of trade transactions a year. The ICC Banking Commission is helping policy makers and standard setters to translate their vision into concrete programmes and regulations to enhance business practices throughout the world.

More information about the ICC Commission on Banking can be found here.

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Mandate

To serve as a global forum and rule-making body for banks worldwide, with particular focus on the financing of international trade.

Ahmad Lootah

Chair

CEO & Managing Director
Al Hilal Capital

Ahmad Fuad Elayyan

Vice Chair

SVP - Head Of Central Operations
Ajman Bank

K. Nizardeen

Vice Chair

Chief Executive Officer
Credit Investment Bank

Iqbal Ibrahim Karmally

Coordinator

SVP - Head of Trade Finance
Sharjah Islamic Bank

Tom O'Brien

Coordinator

Sales Manager
China Systems Ltd. Middle East

Abdulkader Bazara

Member

Consultant
Creative Trade Solutions FZE

Ahmed Hadidi

Member

VP – Legal Department
Saudi National Bank

Hani Idris

Member

CEO / Regional Manager
International Development Bank

Husain Shakir

Member

Director of Products & Partnerships
UAE Trade Connect

Mohamed Daoud

Member

Director – Industry Practice Lead Governance, Risk & Compliance – GRC
Moody’s Analytics

C.A. Pankaj Mundra

Member

Co-Founder & Chairman
360tf

Rahul Jayakar

Member

Head of Sales Global Transaction Banking
Abu Dhabi Islamic Bank

Somasundaram Thirumoolanathan

Member

Associate Vice President-Trade Finance
Commercial Bank International PJSC

Program of Action

  • Hold one Commission Meeting and four Steering Committee Meetings.
  • Organize the 6th ICC-UAE Trade Finance Conference to highlight the latest developments in trade finance, global sanctions, insights on ICC trade finance survey results and outlooks for business in UAE.
  • Launch the Islamic Trade Finance Survey and develop Islamic Trade Finance Guidelines in partnership with the ICC Regional Banking Commission MENA.
  • Promote the ICC Banking Commission annual meeting in Jakarta.
  • Promote the finalized set of uniform rules for international factoring, in partnership with Factor Chain International (FCI).
  • Promote the ICC Trade Finance Register in partnership with the ICC Regional Banking Commission MENA.
  • Make recommendations to the Business 20/G20 process on key issues related to trade finance.
  • Help in promoting the ICC Academy educational offering in trade finance.

Events

ICC Founding Partners