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Provided by: FitchTraining Emerging Market Banks SovereignsAccounting and Finance |
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Training
Provided by FitchTraining
A three-day workshop for credit risk management, origination, and fixed income professionals focusing on emerging markets. A structured approach to the analysis of emerging market banks and sovereign exposures, including limited disclosure situations.
Related Awards, Degrees or Certifications: Earn CPD credits
We are an accredited training provider with a number of institutions including:
ACCA
NASBA
Securi
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Emerging Market Banks Sovereigns
Course Objectives
Participants will be equipped to:
Use financial, qualitative and market indicators to benchmark emerging market bank performance
Understand the key drivers of bank and sovereign - risk and anticipate credit migration
Recognise the impact of the operating environment on bank performance and strategy.
Target Audience
Credit risk management, origination, banking and fixed income professionals focusing on emerging market banks. This workshop is targeted at an intermediate level. The two-day "Introduction to Bank Financial Statements" workshop provides an introduction for those with less experience.
The majority of Fitch Training programmes are offered at an intermediate and advanced level. There are no specific prerequisite courses to attend our programmes, however some topic knowledge maybe required. Please refer to the target audience to see what level of prior knowledge is required for a specific course.
Content
ANALYTIC OVERVIEW
Structured approach
Differing approaches - banks, rating agencies, regulators, equity and bond investors
Purpose payback model - application of structured approach to emerging markets
Key risks in sovereigns and financial institutions
Market indicators - equity, bond and derivative pricing as early warning signals
SOVEREIGN RISK
Key structural issues - Latin America, Eastern Europe, Asia and Africa
Key macro economic indicators - GDP, interest, inflation and FX rates, current and capital account, savings and investment, unemployment etc.
Sustainable debt levels - public and private sector; domestic and external debt and liquidity
Social and political factors - political stability, labour force, legal system, trade and political links, contagion
BANK RISK
Operating environment
Banking system structure and competition
Regulation and supervision - prudential supervision, key regulations, proposed BIS guidelines
Financial fundamentals
Statement logic, limited disclosure, accounting conventions
Business risk - loan quality and reserve adequacy; off balance sheet exposures; trading and investment risk, related parties
Financial risk - stability of funding, gap management, liquidity, capital adequacy
Performance risk - overall return, stability of income, control of expenses
Early warning signals - financial and non-financial indicators of distress
Management, franchise and ownership
Management - structured approach: strategy, systems, skills and structure
Risk management - credit, market, operating liquidity, legal and reputation risk
Franchise and competitive advantage
Equity perspective - key valuation drivers
Shareholder types and support
Organisational structures - holding companies double leverage and other risks
Support
Lender of last resort - safety net from shareholders and/ or government.
Participants will be equipped to:
Use financial, qualitative and market indicators to benchmark emerging market bank performance
Understand the key drivers of bank and sovereign - risk and anticipate credit migration
Recognise the impact of the operating environment on bank performance and strategy.
Target Audience
Credit risk management, origination, banking and fixed income professionals focusing on emerging market banks. This workshop is targeted at an intermediate level. The two-day "Introduction to Bank Financial Statements" workshop provides an introduction for those with less experience.
The majority of Fitch Training programmes are offered at an intermediate and advanced level. There are no specific prerequisite courses to attend our programmes, however some topic knowledge maybe required. Please refer to the target audience to see what level of prior knowledge is required for a specific course.
Content
ANALYTIC OVERVIEW
Structured approach
Differing approaches - banks, rating agencies, regulators, equity and bond investors
Purpose payback model - application of structured approach to emerging markets
Key risks in sovereigns and financial institutions
Market indicators - equity, bond and derivative pricing as early warning signals
SOVEREIGN RISK
Key structural issues - Latin America, Eastern Europe, Asia and Africa
Key macro economic indicators - GDP, interest, inflation and FX rates, current and capital account, savings and investment, unemployment etc.
Sustainable debt levels - public and private sector; domestic and external debt and liquidity
Social and political factors - political stability, labour force, legal system, trade and political links, contagion
BANK RISK
Operating environment
Banking system structure and competition
Regulation and supervision - prudential supervision, key regulations, proposed BIS guidelines
Financial fundamentals
Statement logic, limited disclosure, accounting conventions
Business risk - loan quality and reserve adequacy; off balance sheet exposures; trading and investment risk, related parties
Financial risk - stability of funding, gap management, liquidity, capital adequacy
Performance risk - overall return, stability of income, control of expenses
Early warning signals - financial and non-financial indicators of distress
Management, franchise and ownership
Management - structured approach: strategy, systems, skills and structure
Risk management - credit, market, operating liquidity, legal and reputation risk
Franchise and competitive advantage
Equity perspective - key valuation drivers
Shareholder types and support
Organisational structures - holding companies double leverage and other risks
Support
Lender of last resort - safety net from shareholders and/ or government.
About The Training Provider: FitchTraining
FitchTraining - Fitch Training is a specialist training firm focused on the provision of credit and corporate finance training. Courses are offered in three areas: financial institutions, corporate credit and securitization. Fitch Training is part of Fitch Solutions, a division of the Fitch Group. We also work in partnership with Fitch Solutions to provide quantitative training.
Fitch Training operates...
