CFA Association Russia continues its professional training programs. A new two-day advanced course on the alternative analysis of credit risks, designed specifically for credit managers, was held this past weekend.
The course was designed in partnership with Evgeny Ivkin, an expert in crisis management. During the intensive two-day training, the crisis manager told how to spot potentially bad debtors and avoid giving them financial loans.
Banks and other investors regularly lose their money after borrowers go bankrupt and fail to pay back their debt. Partially, this happens due to a poor credit evaluation process, as loans are given out without properly checking the background information on borrowers.
During the training, Evgeny told about comprehensive methodologies and specific techniques that weed out risky businesses, as well as told about numerous red flags and warning signs that creditors must always look for.
15 credit managers from Sberbank and two other large Russian banks attended the training, which turned out to be a success. More trainings on the same topic will be organized in the future. Stay informed about all of our trainings by checking out the events section of our Facebook page.