PIC Solutions and the BIBF Extend Credit Risk Training Solutions

Released on = January 22, 2007, 9:31 pm

Press Release Author = PIC Solutions

Industry = Financial

Press Release Summary = PIC Solutions and the Bahrain Institute of Banking and
Finance (BIBF) have partnered to deliver further credit and risk training solutions
to credit grantors in the Middle East.

Press Release Body = Dubai, 23 January 2007 - PIC Solutions and the Bahrain
Institute of Banking and Finance (BIBF) have partnered to deliver further credit and
risk training solutions to credit grantors in the Middle East.

Over the past 25 years the BIBF has proven itself as the leading professional
training institute in Bahrain and the Gulf Region. As an internationally recognised
training and development organisation, the BIBF has provided performance improvement
solutions to over 35,000 delegates from around the globe. Following the success of
the Credit Risk Best Practices seminar held in 2006, PIC Solutions and the BIBF are
presenting two further seminars to cater for a growing demand for specialised credit
risk training.

The Consumer Credit Risk Best Practices training programme has been designed to
cover credit risk trends and solutions impacting the credit industry, and will
interest all consumer credit grantors in the Middle East. The upcoming seminars will
be presented at the BIBF training facilities in the Kingdom of Bahrain and will
cover topics that are focused on practical industry issues:

Credit Risk Best Practices I on 11-15 March 2007
 Collections Management Best Practices - Early Stage (2 days)
 Introduction to Scoring (1 day)
 Risk Management Best Practices - Account Management (2 days)

Credit Risk Best Practices II on 10-14 June 2007
 Risk Management Best Practices - Account Management (3 days)
 Collections Management Best Practices - Late Stage & Recovery (1 day)
 Performance Management Best Practices (1 day)

This highly specialised training programme includes a series of interactive
presentations, case studies and simulations, all based on international best
practices. Visit www.bibf.com for more information on the Consumer Credit Risk Best
Practices training programme.

Dr. Subhadra Ganguli, Lecturer, Banking Learning Centre at the Bahrain Institute of
Banking and Finance, states, "Since the Credit Risk Best Practices programme was
successfully delivered at our training facilities last year, we have experienced a
significant demand for additional seminars. PIC Solutions has extensive credit risk
experience and this programme is designed to ensure that delegates keep abreast of
the changes and international best practices impacting the market. We look forward
to partnering with PIC Solutions to present this comprehensive credit risk training
solution."

Ian Read, General Manager of the Middle East region at PIC Solutions, comments, "The
Middle East market continues to experience significant business growth and industry
change. In partnership with the BIBF, this credit risk training programme provides
credit grantors with the ideal opportunity to address the challenges that impact
their businesses. Delegates will gain a full understanding of international best
practices, which can then be implemented within their operating environments."


About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip
organisations. We are experts in the fields of credit, risk and software and have an
established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com

Web Site = http://www.PICSolutions.com

Contact Details = PIC Solutions
Birkdale I
River Park
Liesbeek Parkway
Mowbray
7700
Tel: +27 (0)21 680-6000
Fax: +27 (0)21 680-6003
Email: Info@PICSolutions.com

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