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Standard Bank enrols in PIC Solutions Credit Academy

Cape Town, 14 Apr 2005

Standard Bank, one of Africa`s leading banking groups, has selected PIC Solutions Credit Academy to deliver comprehensive collections training to personnel in the organisation`s collections environment.

As part of an on-going commitment to improving effective risk management practices within the organisation, Standard Bank has contracted PIC Solutions to conduct a series of seminars to their collections personnel. This specialised training programme will focus on the various areas of collections, namely:

* Scoring best practices
* Risk management best practices
* Collections management best practices
* Performance management best practices

The Collections Academy Training Programme will provide delegates with an in-depth understanding of the concepts and practical implementation of best practice collections management in the early stage and late stage delinquent accounts arenas.

Andre Tredoux, Head: Retail Collections at Standard Bank of South Africa, has indicated that: "Standard Bank is committed to training and improving the skills of our collections department. Through this interactive seminar we can maximise the skills of our collections personnel and improve our collections strategies. Knowledgeable and experienced personnel will ensure our bank maintains a high-quality relationship with all our clients."

Stephen Leonard, Managing Director of PIC Solutions, adds: "Organisations need to have effective collections departments to succeed in a competitive South African credit industry. This collections programme has been designed to ensure attendees return to their work environment with a full understanding of collections best practice in the banking environment. Our personnel have a wealth of experience of delivering practical training solutions all over the world and we are delighted to present this training programme for Standard Bank."

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PIC Solutions

PIC Solutions provides customer management 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.

Editorial contacts

Frans Labuschagne
PIC Solutions
(011) 759 0300
Info@PICSolutions.com