One-Day Orientation On BSP Cir.855: Guidelines on Sound Credit Risk Management Practices; Amendments on MORB and NBFIs
Date : April 07, 2015 (Tuesday)
Venue : Star Plaza Hotel
A. B. Fernandez Avenue, Dagupan City
Time : 8:30am to 5:00pm
Resource Person:
MS. CONCEPION GARCIA
Manager – ED –III
Bangko Sentral Ng Pilipinas
Orientation Fee:
1. Regular Rate – Ph850.00
2. Non-Member/Delinquent – Ph1,000.00
Mode of Payment
• Bank account (Security Bank Savings Account No. 0481-023049-001)
• Proof of payment, please scanned copy and email to sbrpang@yahoo.com .
• Check payments, should be payable to (Samahang Bangko Rural ng Pangasinan Foundation, Inc.)
Seminar Methodologies
Lecture and Discussions
Expected Participants
President, Director, Credit Risk Officer, Compliance Officer, Loan Officer, and Branch Manager
Rationale:
Ø Provide minimum set of standards on credit risk management to ensure that:
* exposures are appropriately identified, measured, monitored and controlled
* provisions are adequate relative to risks taken
Ø Further align existing BSP regulations with the Basel Core Principles
Ø Allow banks greater flexibility of defining appropriate CRM standards for their desired credit products
Topics/Coverage:
I. Sound credit risk management system covering the following areas:
1. Establishing an appropriate credit risk environment
* Roles and responsibilities of the board and management
* Credit risk strategy
* Credit risk management structure
* Prudent credit policies, processes and procedures, including policies on transactions with related parties
2. Operating under a sound credit granting process
* Appropriate authority
* Well-defined credit granting criteria and underwriting standards
* Prudent and appropriate credit limits
* Credits granted to related parties
3. Maintaining an appropriate credit administration, measurement, and monitoring process
* Adequate documentation
* Development of credit grading system
* Validation and stress testing policies
*Adequate MIS and monitoring process
4. Maintaining an appropriate credit control process
* Independent review process
* Credit classification system
* Development of loan-loss methodology for provisioning
* Effective problem loan workout and restructuring
* Policy on write off
II. Compliance with the Transitory Provision
a) Gap analysis
b) Action Plan
Download the Confirmation Sheet in PDF