PIC Solutions Credit Academy has been selected by HSBC, one of the largest banks in the world, to deliver comprehensive credit risk training to its banking personnel.
The Credit Academy is a specialist credit and risk training programme and was established by PIC Solutions in 2002. HSBC Bank Middle East Limited (HSBC) has recognised the need for ongoing credit risk training and it selected a training programme which can be delivered onsite to personnel throughout the organisation.
The Risk Management Best Practices seminar will provide delegates with a comprehensive understanding of the concepts and practical implementation of best practice credit risk management in the highly competitive banking and financial services industries.
Hima Bhandoola, Senior Credit and Risk Manager of Personal Financial Services at HSBC, states: "PIC Solutions has a firm understanding of our credit environment and the challenges we face in the Middle East financial services industry. The Credit Academy has successfully delivered practical credit risk training to our personnel in the past and we were very pleased with the results. We look forward to implementing effective risk management practices throughout our organisation once all our personnel have been exposed to this credit risk training programme."
Stephen Leonard, Managing Director of PIC Solutions, adds: "It is vital for organisations to implement effective training programmes in order to remain competitive in today`s rapidly changing global business environment. The Credit Academy provides a turnkey training solution to organisations committed to maximising their training opportunities. Our presenters have extensive experience in both the developed and emerging markets of the EMEA region and we look forward to presenting this credit risk seminar to HSBC."
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HSBC is the largest and most widely represented international bank in the Middle East. HSBC Bank Middle East Limited has 29 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Jordan, Lebanon and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the bank has a representative office in Tehran, Iran.
HSBC Holdings plc
HSBC Bank Middle East Limited has been a principal member of the HSBC Group since 1959. Serving over 110 million customers worldwide, the HSBC Group has approximately 9 800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$1,467 billion at 30 June 2005, HSBC is one of the world`s largest banking and financial services organisations. HSBC is marketed worldwide as `the world`s local bank`.
PIC Solutions
PIC Solutions provides consumer finance solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions.
Our ongoing commitment is to enable clients to optimise the credit lifecycle of their business.
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