The trade of counterfeit currency is a big challenge over the world and financial institutions are places where most of transactions take place. Some foreign currencies are not so familiar for bankers. Even they don’t know how they look.
Programs
Basic Concept of Credit Management & Interpretation of Financial Statement of Borrower @ Narayanghat
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.
Bankers have to deal with numbers whether while accepting cash or making payment of cheques or analysing the credit proposals or carrying out any other activities. In many areas the software installed by the BFIs helps the staffs to get their job quickly and accurately.
The trade of counterfeit currency is a big challenge over the world and financial institutions are places where most of transactions take place. Counterfeiting of Nepalese currencies is now common news. Also opening account with fictitious ID and transaction through this is challenging event.
SEBON has introduced a mechanism of application(ASBA) to the public issue for the first time in Nepal. Previous hassle of application has been cut down and lengthy process of application has been shortening down.
Cards, online banking etc. are new manners of transaction on these days, but the importance of signature on cheque and other documents is still on. Sometimes a single cheque carries millions of dollars.
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
Human capital is unreplicable edge in any business which however must be carefully managed, motivated and moulded for effective organization output.
Negotiation skills is the most underrated leadership competency, and the one most approached with incomplete understanding of the language of persuasion.
Economic growth of an emerging economy and developing country critically depends on the health and spread of banking industry. Banks being companies are run by their respective boards.
Banks were much concentrated on large ticket corporate loans in the past for the maximum profitability by managing very limited resources. It was considered that the SME Loan requires high operating cost in comparison to return.
Signature verification is basic need for bankers. And loss due to forged signature is more. In Nepalese banking scenarios, Forensic laboratory is continually receiving such forged cheques.
The program aims to equip participants with sound knowledge on banking operations. Upon the completion of the course the participants will gain knowledge and skills that are very essential to be efficient in their field of work.
Role of the Board of Directors (BoD) is paramount in driving the Bank by maintaining high standard of corporate governance, safeguarding the interest of the depositors and meeting the expectations of the stakeholders.
Bankers have to deal with numbers whether while accepting cash or making payment of cheques or analysing the credit proposals or carrying out any other activities. In many areas the software installed by the BFIs helps the staffs to get their job quickly and accurately.