Basic Credit Skills (Commercial Credit)

Training Category: Credit

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. Basic knowledge on commercial credit activities would typically include understanding credit facilities and need for advancing it, types of funds and non-funds based loans/credit facilities and associated risks, structured (product-based) and standalone credit facilities, terms of credit facilities, pricing of credit facilities, financial and non-financial risk assessment, security and security documents, terms / conditions / covenants, etc. It would be highly risky for an institution to expose someone in any credit function without fundamental knowledge on these aspects.