Operational Risk has been increasing day by day in the Nepalese Financial Sector and large risks events are taking place one after another.
Programs
A structured training path through the credit life cycle from identifying and screening the prospective loan customers, importance of know your customer (KYC) assessment, Credit Underwriting, Financial Statement Analysis, Projections & Sensitizations, risk assessments, loan structuring, loan
Core function of the Bank and Financial Institutions (BFIs) is to collect deposit and from the public and extend the loan to meetdifferent financialneeds of the costumers.
Signature verification and counterfeit currency detection are day to day events in banks. And fresh hand will have fewer ideas to mitigate such risk. Also the first step to minimize risk is properly handled document with best knowledge of customers.
The program aims to equip participants with sound knowledge on banking operations. Upon the completion of the course the participants will gain knowledge and skills that are very essential to be efficient in their field of work.
Banking industry in Nepal has rapidly grown in last decade.
Bank and Financial Institutions have been giving extra focus in growing Retail/ Consumer Lending in the recent days as it contributes in diversifying the risks and enhancing the customer base.
Signature verification and counterfeit currency detection are day to day events in banks. And fresh hand will have fewer ideas to mitigate such risk. Also the first step to minimize risk is properly handled document with best knowledge of customers.
Due to the globalization of the economy, commercial banks are expanding their nationwide presence. The retail business is another important source of banking revenue, offering high margin transactions, a low nonperforming
· 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.
Cards, online banking etc. are new manners of transaction on these days, but the importance of signature on cheque and other documents is still on. Sometimes a single cheque carries millions of dollars.
SEBON has introduced a mechanism of application(ASBA) to the public issue for the first time in Nepal. Previous hassle of application has been cut down and lengthy process of application has been shortening down.
Bankers have to deal with numbers whether while accepting cash or making payment of cheques or analysing the credit proposals or carrying out any other activities. In many areas the software installed by the BFIs helps the staffs to get their job quickly and accurately.
Program Takeaways
Theoretical, Legal and Practical for:
Understanding how a BFI can take business and AML/CFT together
Understanding how a BFI can best expand business together with AML/CFT compliance
Nepal Rastra Bank (NRB) is the Central Bank of Nepal and regulatory body of commercial bank and financial institutions. One of the NRB’s objectives as set out in NRB Act, 2002 is to maintain financial stability.
The banking industry in Nepal has seen exponential growth. The competitive market has stretched the limits of customer numbers. To tackle these issues, excellent customer service and innovative marketing of one’s banking products becomes essential.
Program Takeaways
Theoretical, Legal and Practical for: