MANAMA: Kuwait Finance House - Bahrain has launched a specialised credit risk management training for bank employees, in partnership with Moody’s Analytics.
The programme aims to promote an integrated and consistent credit risk expertise and culture across the bank, and to further enhance the robustness of the bank’s credit risk management framework.
The specially-designed training has been formulated to cater to the bank’s needs, and comprises three progressive modules each addressing specific aspects governing credit risk management and will be delivered over a set time frame.
Twenty employees from various departments took part in the first training group.
KFH-B head of human resources Sara Zainalabedin said: “The programme aims to further streamline the bank’s financing cycle, and to promote a comprehensive, consistent and integrated credit risk culture across the bank. The programme also provides the employees with an opportunity to acquire additional expertise in addressing credit risks, and to enhance their capabilities to take innovative decisions and develop financial solutions on robust credit basis.”
The bank’s head of credit review Adulkarim Al Zakari said: “Our partnership with Moody’s for this programme underlines our keen interest in enhancing our use of international best practices for credit risk management standards. It is our aim to establish an international credit risk language that leads to improved communication amongst decision-makers.”