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Standard Bank tightens credit risk practices with PIC Solutions

01 June 2006  |  2242 views  |  0 Source: PIC Solutions

PIC Solutions Credit Academy has been selected by Standard Bank, one of Africa's leading banking groups, to deliver comprehensive credit risk training to their collections management.

The Credit Academy is a specialist credit and risk training programme and was established by PIC Solutions in 2002. It consists of over 14 different seminars, which can be delivered at the PIC Solutions dedicated training centre or onsite at the client's premises.

Standard Bank is dedicated to improving collections management practices. During this customised training programme, leading experts from PIC Solutions will focus on the following key topics to ensure that delegates gain insight into industry best practices:

  • Introduction to Scoring
  • Risk Management Best Practice – Account Management
  • Collections Best Practice – Early and Late Stage


Andre Tredoux, Head of Personal and Business Collections at Standard Bank of South Africa, comments, "Through the Credit Academy, PIC Solutions has successfully delivered practical credit risk training to our personnel in the past and we were very pleased with the results. This intensive training programme will equip our personnel with the skills needed to face the ever changing challenges of the South African financial services industry."

Stephen Leonard, Managing Director of PIC Solutions, adds, "The Credit Academy provides a turnkey training solution to organisations committed to increasing the skill sets of their personnel. This specialised training programme is designed to provide delegates from Standard Bank with a comprehensive understanding of the concepts and practical uses of credit scoring, risk management and both early and late stage delinquent collections in the highly competitive financial services industry."

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