Why Attend

The global financial systems of today is fraught with many seemingly unending challenges. Banks and financial institutions play a major role in the development and stability of society. However recent events have called their role into question, with many claiming they take excessive risks. This training course examines their role and that of financial markets. We also examine the financial instruments they use such as derivatives and how companies may also use them to manage or reduce risk.

This training course is designed to give those in the industry the skills to evaluate Credit Risk and those coming from companies in need of finance the knowledge of what banks are looking for. We also take an in-depth look at the latest financial instruments developing a detailed knowledge of Forwards, Options Futures & Swaps.

Event Date: 12/02/2025 – 15/02/2025

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Overview
Course Outline

Course Methodology

This course is highly interactive with facilitator-led presentations, group discussions and real/ current case studies.

Course objectives

At the end of this training course, you will learn to:

Evaluate the role and risks of Financial Institutions as Financial Intermediaries
Learn banking operations effectiveness
Recommend appropriate Banking Services
Evaluate the Bank’s Service provision and relationship management
Evaluate Credit Risk and make informed Lending Decisions
Understand cheque administration and fraud in Banking
Understand Banking Investment Instruments and foreign exchanges

Who Should Attend:

Directors, Accountants, Auditors Treasurers Investment Manages, Banking Officers, and other Senior Middle Management who perform related functions in the public and private sectors including Banks, Oil Companies, Trading organizations, Government Ministries, parastatals, Agencies, Commissions, Local Governments, etc.

Course Content:

Banker and Customer Relationship

Essentials of banker customer relationship
Types of customers: personal and business customer
The banker’s duties
Customers obligations
Liens, appropriation and combination
Banker’s duty of secrecy

Nature of Service Provided by Banks

Service to personal customers: Current accounts, deposit accounts, savings accounts, loan accounts, overdrafts
Service to personal customers: Opening or cashing credit, services to travelers, safe custody, status inquiries
Services to business customers: Financial services, standing orders, business advisory services, night safes etc
Exchange control and foreign Exchange services

Cheque Administration and Possible Reason for Fraud

Types of cheques
Types of crossing and implication
Cheque as negotiable instruments
Holder for value and holder in due course
Cheque clearing system and clearing house operating including associated fraudulent practices
Special clearing of cheques
Different types of associate fraud.

Bank Reconciliation, Avoiding and Recovery of Excess Bank Charges/ Under credits and Fraud Management

Advanced bank reconciliation techniques
Identifying and managing possible areas of fraud
Different types of bank charges
Update on the bankers tariff
Detecting unauthorized bank charges
Calculation to determine excess bank charges
Calculation to determine under-credits
Negotiating bank charges
Remedies for recovering excess charges and under-credits
Case study.

Managing Bank Credit

Types of bank credit to customers: Overdrawn current accounts. Overdraft, term loans etc
Determining the need for credit facility
Advising management on type of facility to use
Structuring bank credit
Managing withdrawal level
Managing cost of credit
Avoiding credit failure
Documentation for credit

Banking Investment Instruments

Types of banking investment instruments i.e. fixed deposit, treasury bills, treasury certificates, bankers acceptance, call money, including various available bank products
Determining excess funds available
Advising management on the types of investment
Ensuring safety of investment
Resolving the profitability, safety and liquidity tangle
Tax implications of investments
Emerging trends

Foreign Exchange Transactions