Turkish Bank Selects PIC Solutions for Specialised Credit Risk Training

Cape Town, 16 November 2006 ¡V Akbank T.A.S., Turkey's largest privately owned bank, has selected PIC Solutions to deliver comprehensive credit risk training to their banking personnel.

The Credit Academy is a specialist credit and risk training programme consisting of over 14 different seminars. These unique seminars can either be delivered at the PIC Solutions dedicated training centre or onsite at the client¡¦s premises. This flexible onsite training solution has proven to be very popular with clients all over the world and Credit Academy seminars have now been delivered in over 10 different countries, to over 1,000 attendees from over 100 organisations.

Akbank provides a wide range of consumer credit products to its retail and commercial banking clientele and is dedicated to improving collections management practices throughout the bank. During this interactive training programme, leading experts from PIC Solutions presented on key industry topics that ensured the bank¡¦s personnel gained insight into best practices, including:

„X Risk Management Best Practice ¡V Account Management
„X Collections Best Practice ¡V Early and Late Stage

Bade Sipahioglu, HR and Organisation Division Head at Akbank, comments, ¡§An effective workforce is vital to an organisation¡¦s success and Akbank recognises the important role our personnel play in meeting our strategic goals. We are committed to expanding our knowledge-base today to ensure that we remain the banking leaders of tomorrow. We selected PIC Solutions for their extensive credit and risk experience in the financial services industry. Through their valuable knowledge, our personnel gained the skills needed to maximise opportunities and build life-time customer relationships that are critical to our success.¡¨

Stephen Leonard, Managing Director of PIC Solutions, adds, ¡§Skilled personnel drive organisations to achieve their objectives and effectively meet the demands of a dynamic market. PIC Solutions has set the benchmark for providing specialised credit risk training throughout the Europe Middle East Africa region and the Bank¡¦s personnel will gain the essential tools needed to face the challenges of an ever-changing financial services industry.¡¨


About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com