10 thousand beneficiaries of the training programs of the “Banking Group”

Since the launch of its training initiatives, the Group of Banking and Money Transfer Institutions has provided more than 220 specialized workshops, benefiting more than 10,000 workers in the sector until 2025.

The group stated, in a statement yesterday, that its training programs cover a range of vital topics, including combating money laundering and the financing of illegal operations at its basic and advanced levels, as well as detecting counterfeit currencies and preventing fraud, work ethics and integrity, in addition to protecting customers, customer service, corporate governance, risk management, and cybersecurity.

She added that the training courses contribute to enabling participants to have a deeper understanding of regulatory obligations, emerging risks, and best practices compatible with institutional, national and international compliance requirements.

By providing high-quality training programs linked to the reality of the sector, the group has contributed to raising professional standards and adding tangible value to a wide segment of entities operating in the market.

The programs focus in particular on enhancing awareness of anti-money laundering and compliance frameworks, which provides workers with a clear understanding of what should and should not be followed in the face of financial crimes. Participants are also introduced to the protocols approved by local regulatory authorities and international bodies concerned with setting standards, ensuring consistent adherence to global best practices.

Osama Al Rahma, Chairman of the Board of Directors of the Group of Banking and Money Transfer Institutions, said, “The group’s training programs have had a significant impact in protecting the integrity and sustainability of the banking and money transfer sector,” noting that investing in knowledge, raising the level of awareness, and building practical skills enables institutions, of all sizes, to meet regulatory requirements, manage risks efficiently, and work with confidence in a financial environment characterized by increasing complexity.

He added that building strong and knowledgeable human cadres constitutes a fundamental foundation for ensuring the sector’s long-term resilience.

The group affirmed its commitment to continue expanding its training programs to keep pace with regulatory developments and technological progress, to enhance its role as a comprehensive platform for exchanging knowledge, building capabilities, and advancing the comprehensive development of the sector.