AMMAN – The activities of the second seminar on banking credit began in Amman yesterday, which was organized by the Talal Abu-Ghazaleh Center for Business Research (a part of Talal Abu-Ghazaleh International) at Canisius College in Buffalo, New York, and the Arab Bank Ltd.
There will be 64 participants in the 3-day seminar, including loan and credit employees, and analysts working at the Arab Bank. The seminar aims to conceptualize numerous methods and basic procedures for credit analysis and the implementation of modern analytical tools to evaluate loan applications, in addition to recognizing and describing/identifying the nature and weak points of a client’s financial statements.
The event will also describe and identify the nature and weak points in the traditional analysis of financial statements, and how to revise the results obtained in a traditional credit analysis, while also specifying which non-financial statements to be used in these credit analyses. The statements include those that define the client’s activity, the industry that the client works in, and the surrounding economic environment.