PIC Solutions and Alliance Consulting Deliver Credit Risk Training in Nigeria

PIC Solutions and Alliance Consulting have partnered to deliver a comprehensive Credit Risk Training Programme to West African credit grantors in May.

This specialised credit and risk training programme will be held between 15 and 19 May 2006 in Lagos, Nigeria. The Credit Risk Training Programme is a unique industry-focused event that has been designed to cover topics including:

• Introduction to Scoring
• Risk Management Best Practices ? Consumer Lending Application Processing
• Collections Management Best Practices ? Early Delinquent Stage

Over the five days, delegates will be exposed to interactive presentations and case studies, all based on international best practices. For more information and a detailed description of the seminars, email: creditseminar@allianceconsulting.com.ng

Sade Odunaiya, Partner, Risk Management Services at Alliance Consulting comments, “The Nigerian banking sector has just concluded a consolidation phase and this has resulted in significant increases in the minimum capital of banks. The sector, which is highly competitive, is currently faced with thinning spreads occasioned by government economic reforms. Most banks are therefore reviewing their overall business and lending strategies together with their risk management practices in order to optimise their portfolio returns and align with Basel II. We believe that sustainable success must be anchored on appropriate strategies and risk management tools. We have therefore partnered with PIC Solutions to create a training platform designed to address the challenges unique to the credit business. In addition, leading experts with a wealth of experience will share insights into industry best practices and provide an in-depth understanding of the factors that are critical to success.”

Stephen Leonard, Managing Director at PIC Solutions, adds, “Credit grantors in Africa are operating in an exceedingly competitive environment. This unique training programme will provide delegates with the opportunity to understand the key issues and trends impacting the credit industry. We look forward to partnering with Alliance Consulting on this training initiative which aims to provide delegates with the tools to effectively utilise the credit life cycle in their business environment.”