Austrian Bank Selects PIC Solutions Credit Academy

Cape Town, South Africa ? Raiffeisen International Bankholding AG, a Vienna based Banking Corporation, selected PIC Solutions Credit Academy to deliver comprehensive credit and risk training to their banking personnel.

Raiffeisen Zentralbank Österreich AG (RZB), Vienna, is the central institution of the Austrian Raiffeisen Banking Group, the country’s most prominent banking group. RZB is focused on the Central and Eastern European market and via Raiffeisen International operates a network of 15 subsidiary banks with more than 800 banking outlets. In recognition of its on-going success, RZB received the ?Bank of the Year 2003? award from the Financial Times magazine The Banker.

The Risk Management Best Practices Seminar provided delegates with a comprehensive understanding of the concepts and practical implementation of best practice credit risk and portfolio management in the highly competitive credit card industry.

Sabine Zinke, Training and Development Manager at Raiffeisen International Bankholding AG (RI) comments that, ?RI is focusing on a comprehensive credit risk training strategy and we decided to provide specialised training to our retail risk managers and card managers in our network banks. We selected PIC Solutions Credit Academy for their experience and knowledge of various industries within the emerging nations of Central and Eastern Europe, Middle East and Africa. Our bank is focused on growing our market in Central and Eastern Europe and through this practical seminar our personnel have gained a full understanding of credit risk management.?

Stephen Leonard, Managing Director of PIC Solutions adds, ?We were delighted to present the credit risk training to RI personnel from all 15 CEE countries. PIC Solutions personnel have extensive experience of working in numerous countries, encompassing established, mature and developing credit markets. Our PIC presenters are well experienced in working in multi-cultural environments and this credit risk seminar will ensure that delegates understand the practical implementation of best practice credit risk management in their businesses.?

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

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