Mr. Oussama Kaissi, CEO of ICIEC, and Mr. Zafar Masood, President of The Bank of Punjab, met today in a bilateral meeting to discuss prospective areas of #cooperation.
ICIEC has supported US$ 3.9 billion in imports into #Pakistan to date through its Documentary Credit Insurance Policy, while also taking on the non-payment risk of Pakistani banks. ICIEC has been covering the non-payment risk of the Bank of Punjab since 2008, with a total business insured of US$ 9 million.