Credit

Training on Credit Documentation, Monitoring, Recovery and Legal Issues in Recovery of Non-Performing Loans

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.

Property - Land and building is one of the Prime collateral considered by Banks and Financial Institutes. It is generally a challenge to understand cadastral map (the Blue Print) for the bankers. It is important for the bank staff -Relationship Managers, credit underwriters, documentation and loan processing staff to have a basic knowledge on interpreting the cadastral map.

COVID-driven travel restrictions and social distancing have had an immediate and dramatic impact on the cash flows of many corporates and SMEs, from airlines to retailers to restaurants. Banks are already being inundated with requests for credit and must make urgent and “distressed” credit decisions. This flow will increase in the coming weeks/months as cash reserves run down and clients look to banks to deliver  billions of lending support.

A proper understanding of Retail lending concepts and systematic process would lead to quality decisions and avoid costly mistakes. In order to save the bank from reputation risk, the retail lending team should be aware of retail lending and security procedure.