KUWAIT: In collaboration with the prestigious international training providers Moody’s Risk Matrix, National Bank of Kuwait (NBK) hosted CreditLens workshop for its local and overseas employees, as well as a group of bankers from all Kuwaiti banks at its Head Office.
The two-day workshop titled "Knowledge Transfer in CreditLens”, was held in coordination with Group Risk Management, and was attended by over 80participants. The topics covered in the workshop included Financial Projections for Corporates and Project Finance, CreditLens Operational Governance and Policies, Regulatory Expectations on Model Risk Management and the Road to Compliance, Assessing Commercial Real Estate Exposures in CreditLens, Generating Projected Financials and Ratings at a Sector / Portfolio Level, Pricing (RAROC) Models in CreditLens.
Speaking on this, Munirah Al-Sejary, Learning and Development Manager, Group Human Resources at National Bank of Kuwait said, "This workshop is a great opportunity to exchange experience and promote cooperation among Kuwaiti banks and raise the credit risk knowledge of the participants.”
"This workshop, which is the first of its kind in Kuwait, complements NBK’s endeavors to raise the efficiency of its employees through the best training programs, workshops and partnerships, in line with international best practices,” she added.
RiskMatrix is a regional partner of Moody’s Analytics specializing in Credit Risk and Commercial Lending solutions, as well as providing solutions for Credit Risk Automation and Consulting projects.
NBK provides training and development opportunities aimed at building employees’ technical competencies and skills, including digital and leadership capabilities, and interpersonal and professional skills. Moreover, it offers mandatory annual or bi-annual trainings to ensure all employees’ acknowledgment and understanding of NBK commitments and expectations in areas including legal compliance requirements, code of business ethics and conduct, anticorruption and bribery, and anti-money laundering.