EIBFS holds workshop on assessing risks of SMEs

PRLog (Press Release) - Dec. 23, 2012 - December 23, 2012

The Emirates Institute for Banking and Financial Studies (EIBFS), the sole provider of specialized knowledge and enhanced learning experiences for the UAE banking and financial sector, in collaboration with Moody's Analytics, a leading business research and analytics firm, has announced its hosting of a workshop focused on ‘Assessing the risk of SMEs’ recently at the EIBFS Dubai Campus. The intensive one-day training program is part of the institution’s continuing focus towards the region’s SME segment. Interactive sessions and lectures featured at the workshop were aimed at improving the skills of lenders who are responsible for SME credit lending and risk activities.

“One of the essential requirements in becoming a successful banker for the SME segment is to have the ability of understanding your target market, along with its demands and requirements,” said Essa Al Zaabi, Deputy General Manager, EIBFS. “Looking to help develop the region’s next generation of world class bankers and finance professionals, we have collaborated with Moody’s Analytics to help participants improve their skills and have a better grasp of the Middle East’s SME segment—from assessing financial risk to developing analytical skills to help resolve market and management challenges.”

The workshop offered a review on the key aspects of SME lending, providing participants with the necessary skills and knowledge needed for the SME market. The event featured various case studies from actual companies, which helped the participants in improving their analytical techniques. The workshop was divided into four strategic sessions;

·         Financial risk assessment of SMEs

·         Cash flow construction and analysis

·         Assessing management and market risk

·         Panel session

The final session of the workshop focused on various techniques to improve the quality and quantity of information received from SME clients.