BIBF Partners with PIC Solutions to Deliver Advanced Credit Program

Cape Town, South Africa ? PIC Solutions and the Bahrain Institute of Banking and Finance (BIBF) have partnered to deliver a turnkey credit and risk training solution to credit grantors in the Middle East.

The Advanced Credit Program 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. This highly specialised training programme will be held at the BIBF training facilities in the Kingdom of Bahrain from 15-26 May 2005 and will cover topics that are focused on practical industry issues:

• Introduction to Scoring
• Risk Management Best Practices New Accounts
• Risk Management Best Practices Account Management
• Credit Systems Best Practices
• Performance Management Best Practices
• Profitability Best Practices

The Advanced Credit Program will include a series of interactive presentations, case studies and simulations, all based on international best practices. For more information on the Advanced Credit Program, please email: sganguli@bibf.com or phaji@bibf.com or visit www.bibf.com.

Nafeesa Al-Baluchi, Head of Bank and Finance Learning at BIBF, comments that, ?Today?s rapidly changing global business environment requires a workforce that is skilled and responsive to marketplace demands and customer needs. The BIBF offers a wide range of courses designed to meet these training needs. PIC Solutions has trained organisations in numerous countries and credit markets. Their knowledge of the international market as well as their exposure to Middle East clients made them the ideal partners to present this Advanced Credit Program.?

Stephen Leonard, Managing Director of PIC Solutions adds, ?We are delighted to partner with the BIBF for this highly specialised consumer credit and risk training initiative. Our risk management and scoring specialists have extensive experience in both the developed and emerging markets of the EMEA region and we look forward to presenting these seminars to the Middle East credit industry.?

About PIC Solutions
PIC Solutions (www.picsolutions.com) 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.