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:: Bankers hone skills (29/09/14)

By Taonga Sabola - The Daily Times

Over 20 officials from various banks on Wednesday complete a three-day Credit Risk Management Training organised by the Bankers Association of Malawi (BAM).

Credit risk is the risk that a borrower will default on any type of debt by failing to make
required payments.

BAM President Misheck Esau said lending constitutes a bulk of operations of bankers, therefore the need for staff to understand how to manage credit risk.

In the picture below, Esau presents a certificate to one of the participants.

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