PIC Solutions and the BIBF Extend Credit Risk Training Solutions

Dubai ¡V PIC Solutions and the Bahrain Institute of Banking and Finance (BIBF) have partnered to deliver further credit and risk training solutions to credit grantors in the Middle East.

Over the past 25 years the BIBF has proven itself as the leading professional training institute in Bahrain and the Gulf Region. As an internationally recognised training and development organisation, the BIBF has provided performance improvement solutions to over 35,000 delegates from around the globe. Following the success of the Credit Risk Best Practices seminar held in 2006, PIC Solutions and the BIBF are presenting two further seminars to cater for a growing demand for specialised credit risk training.

The Consumer Credit Risk Best Practices training programme has been designed to cover credit risk trends and solutions impacting the credit industry, and will interest all consumer credit grantors in the Middle East. The upcoming seminars will be presented at the BIBF training facilities in the Kingdom of Bahrain and will cover topics that are focused on practical industry issues:

Credit Risk Best Practices I on 11-15 March 2007
„X Collections Management Best Practices - Early Stage (2 days)
„X Introduction to Scoring (1 day)
„X Risk Management Best Practices - Account Management (2 days)

Credit Risk Best Practices II on 10-14 June 2007
„X Risk Management Best Practices - Account Management (3 days)
„X Collections Management Best Practices - Late Stage & Recovery (1 day)
„X Performance Management Best Practices (1 day)

This highly specialised training programme includes a series of interactive presentations, case studies and simulations, all based on international best practices. Visit www.bibf.com for more information on the Consumer Credit Risk Best Practices training programme.

Dr. Subhadra Ganguli, Lecturer, Banking Learning Centre at the Bahrain Institute of Banking and Finance, states, ¡§Since the Credit Risk Best Practices programme was successfully delivered at our training facilities last year, we have experienced a significant demand for additional seminars. PIC Solutions has extensive credit risk experience and this programme is designed to ensure that delegates keep abreast of the changes and international best practices impacting the market. We look forward to partnering with PIC Solutions to present this comprehensive credit risk training solution.¡¨

Ian Read, General Manager of the Middle East region at PIC Solutions, comments, ¡§The Middle East market continues to experience significant business growth and industry change. In partnership with the BIBF, this credit risk training programme provides credit grantors with the ideal opportunity to address the challenges that impact their businesses. Delegates will gain a full understanding of international best practices, which can then be implemented within their operating environments.¡¨


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