One-Day Orientation On BSP Cir.855: Guidelines on Sound Credit Risk Management Practices; Amendments on MORB and NBFIs
Date: April 10, 2015 (Friday)
Venue: Venus Parkview Hotel Time:
8:30am to 5:00pm
No. 19 Kisad Rd., Burnham Park, Baguio City
Resource Person:
MS. CONCEPION GARCIA – Manager, ED-II
MR. ALEC BADIOLA, Acting Manager –ED-II
of Bangko Sentral ng Pilipinas
Orientation Fee:
1. Early Bird – Php1,500.00 (on or before March 31, 2015)
2. Regular Rate – Php1,800.00 (after March 31, 2015)
Mode of Payment
• A Non-Refundable commitment fee of Php825.00 per participant.
• Bank account- BDO-La Trinidad Branch
Account Name: Highland Rural Bank, Inc.
Account No. 518-000-30-84
• Proof of payment fax to (074) 443-9867 or email to rbitogon96@yahoo.com.ph;
highlandbank@yahoo.com.ph
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