Kuwait Finance House – Bahrain announced the renewal of its partnership with Moody’s Analytics for the continuation of the delivery of a specialized credit risk management modular training program, which was previously launched for the bank’s employees on various training levels. Mr. Mohamed Al Mahari, Director at Moody’s Analytics, Middle East delivered the virtual interactive workshops to over 80 participants across the bank.

The training program aims to increase the effectiveness of the bank’s credit risk management framework and to promote an integrated and consistent credit culture across all areas of the bank, including credit risk management, corporate and SME banking, retail banking, private banking, wealth management, financing restructuring and collections, treasury, and Shari’a advisory. Consisting of three different levels. the program has been specially developed and customized to suit the needs of the bank, and to achieve the program’s planned outcomes.

Commenting on the occasion, Ms. Sara Zainalabedin, Head of Human Resources at KFH–Bahrain said: “We were pleased to have partnered with Moody’s Analytics over the past two years and are glad to continue with this partnership for the delivery of the more advanced training levels of the program, upon successful delivery of the first and second levels. We look forward to further enriching the bank’s financing operations through an enhanced, coherent and integrated credit culture, which will allow us to ultimately enhance the customer experience and serve our customers’ needs with greater flexibility whilst taking into consideration the changing needs and circumstances.”

The program relies on a comprehensive modular system aimed at enhancing the credit capabilities of the participants. The first level includes the concepts of corporate risk analysis, and financial statements analysis, whilst the second level elaborates on the methodologies of mitigating corporate risks and deal restructuring, whereas the third level sheds focus on managing problematic financings, and ways to manage sophisticated credit applications.