Cards, online banking etc. are new manner of transactions on these days but the importance of signature on cheque and other document is still on. Sometimes a single signature carries millions of dollars. In Nepalese banking scenarios, withdrawal money by forged signature is normal phenomenon today. And also the returning genuine cheques give bad impact to the customers in competition market and sometimes push them to go through other banks.
A structured training path through the credit life cycle from identifying and screening the prospective loan customers up to learning how to identify and analyze the Early Warning Signals of financial distress.
The workshop will focus on developing conceptual skills of staff working in the Cash Area as well as provide a holistic environment for staff to clear up issues being faced on a day to day basis in their work place. The major aim of this Training Program is to make the participants aware about the theoretical as well as practical aspects of Cash Management. The Program is intended to equip the participants with knowledge so at to enable them to conduct their day to day operations independently
Core function of the Bank and Financial Institutions (BFIs) is to collect deposit and from the public and extend the loan to meetdifferentfinancialneeds of the costumers. While providing loan that requires assessment of the costumers from different perspectives to ensure about proper utilization of loan in one hand and to make secure the Bank in distress situation. Legal risk should be one of the major aspect for BFI while credit appraisal.
Financial sectors constitute a continuum growth of economy. BFIs have immense potential to influence environment sustainability and bridge the gaps between development and environmental degradation trhough their project financing. However, financial sector faced hard times due to the growing numbers of Non-performing Assets (NPAs) and defaults. Needless to say, one of the factors responsible for this is inadequate Environment & Social (E&S) risks management.
First step to minimize risk is properly handled document with best knowledge of customers and counterfeit currency detection as well as cheque receiving is day to day events in banks. Fresh hand will have fewer ideas to mitigate such risk. This program is basically to generate ideas to know the customer properly and handling their cheque and cash in proper way.
Risk is inherent in any business operations. It is more critical and sensitive in the financial sector. Banks and Financial institutions are invariably facing different types of risk that may have adverse impact on their business. It is of utmost importance for the banks to properly manage risk to protect banks from getting exposed to possible risk.