It is noteworthy to mention that Bank employees especially in Nepal, (besides the core liability team), do not realize and accept that it is everyone’s business to pull in money to the organization for further business opportunities. A shift in job rotation from any department to liability is often considered trivial and reluctance in attitude can be witnessed more often than compared to change in job duties in other functions. This culture in our banking industry is prominent and requires a revolution in the way deposit marketing is viewed. It is time to alert everyone to wake up and co
Preparing valid loan document is not an easy task. The officials designated for loan document preparation should have knowledge of prevailing legal aspects, risk factors associated with the credit along with patient, analytical skill and common sense.
Signature verification and counterfeit currency detection are day to day events in banks. And fresh hand will have fewer ideas to mitigate such risk. Also the first step to minimize risk is properly handled document with best knowledge of customers. This program is basically to generate ideas to know the customer properly and handling their cheques and cash in proper way.
This program provides the participant with basic foundation of knowledge and skills that help them to reach sound, reliable judgment of company creditworthiness. It shall focus on practical introduction to financial statement from the perspective of the credit analysts. Discussion on each component of financials statement will help the delegates to assess key qualitative and quantitative factors in determining limit requirement and repayment capacity borrower.
In financial sector, processing of important documents is a key issues. As preveention is always better than cure , better processing of of such documents is always essential to prevent fraud in initial stage. Study shows that in most of cases, lack of efficiency in handling document invites major fraud issues in financial sectors. Also to implement Know Your Customer (KYC)rule strictly, proper documentation is major tool. This program deals with several issues to get solution with more case study those happened in Nepalese banking.
The country received the inward remittance of about Rs 550 billion in In FY 071/72 only, which is about 20% on the total GDP of the country. Notably, Nepal is ranked in the 7th Position in terms of remittance's contribution in the GDP.
Whilst the inward remittance is contributing significantly in the economy and enabling to uplift the life standard of people and supporting BFIs to increase FCY trading / revaluation gain and fee income, many operational risk events are also taking place along with increase in remittance business.