For financial institutions, better handling of different types of documents is essential. Technique to communicate with customer legally with good faith is always required in any institutions. Likewise signature verification is basic need for bankers whereas losses due to forged signature is in increasing order. Similarly, trade of counterfeit currency is big threat for our economy. Forensic laboratory is continually receiving such forged documents, cheques as well as currencies. The awareness towards it is essential for bankers.
Completed Programmes
The banking industry in Nepal has seen exponential growth. The competitive market has stretched the limits of customer numbers. To tackle these issues, excellent customer service, innovative products and foreign exchange management becomes essential. With this in mind National Banking Institute has developed Foreign Exchange Management program. This program aims to deliver the best course content consultation with the industry experts from close inputs from the regulators.
Operational Risk has been increasing day by day in the Nepalese Financial Sector and large risks events are taking place one after another. INR Draft events taken place in Kathmandu, good for payment incident happened at one of the development banks and remittance fund embezzlement case incurred at one of the large commercial banks are the examples of a few incidents.
Impacts of Covid 19 on businesses have been unexpectedly deterrent and it is unknown how long it keeps impacting. The workforce of Nepalese Banks working in the area of Credit and Risk management are mostly trained for processing credits with a focus on growth by assessing the inherent risks in the business.
This Treasury Management course is designed to give an overview of the Treasury market and will facilitate a better understanding of the major facets of treasury and financial risk management in today's pandemic situation.
Companies all across industries including Banks are being negatively impacted by the pandemic. Hence, businesses must take action to mitigate and prevent financial damage by evaluating and shifting business strategies and tactics. Sales along with customer service is of prime importance even in current situation.
The Agriculture sector is considered as a backbone of economy in the country. About 60.4% of the total population of Nepal is dependent on agriculture contributing more than one third of GDP and employing two third of labor forces . Due to the global impact of the COVID-19, the sector has become a more significant and high priority segment like our country.
Banking fraudulent activities is increasing rapidly now days in banking sector. The common challenge faced by Bank and Financial Institutions (BFIs) is the various types of frauds that encounter within management, staff, costumer and hacker to financial and reputational losses by falling prey to fraud incidents. So, prevention of these activities must be followed by the awareness, an ongoing effort for financial institutions, especially with new fraud typologies being discovered frequently.
Training on Credit Documentation, Monitoring, Recovery and Legal Issues in Recovery of Non-Performing Loans
Overall banking operations round on Receipt and Payment of Cash in different currency and denomination. Since the Cash Unit provides direct service to the customer during the transaction hours of the bank, Operation of this area should invite extra efforts while delivering the services to the customer. Cash area operation is most sensitive where customers have great expectation of the exceptional service to their favour.
Understanding deposit marketing is highly critical to any Bank to ensure effective management of resources to fund their businesses by making loans so as to continue to maintain the bottom line as well as diversify & manage various risks. With competition amongst banks heating up ever more coupled with a rapid advancement in technology, in order to stay relevant, Banks need to review their deposit products and deposit marketing strategies.
Main Core functions of Microfinance program is Saving and Credit Management . Access to finance, in other words provides credit for the betterment of underprivileged people enhancing their living standard, increase income generation activities with their involvement and engagement in the enterprise and business activities are essential change making agents.
Monitoring is the regular observation and recording of activities taking place in a project or programme. It is a process of routinely gathering information on all aspects of the project. Reporting enables the gathered information to be used in making decisions for improving project performance. The report generated also helps the organization to strength and weaknesses of the organization hence enabling to make necessary corrective measures.
In this current pandemic scenario with the COVID-19 crisis, companies all across are being negatively impacted. It is a challenge for the business to identify and assess the crisis response along with its harm on companies.
Lending or advancing credit facilities is one of the core functions of banks and financial institutions. All employees engaged in credit related jobs should possess basic knowledge about the function before or at the time of assuming such role.