HSBC Enrolls in PIC Solutions Credit Academy

Cape Town, South Africa ? HSBC, one of the largest banks in the world, has selected the PIC Solutions Credit Academy to deliver credit risk training to their banking personnel.

HSBC Bank Middle East Limited (HSBC) offers a full range of banking and personal financial services to its Middle East customers. As part of an on-going commitment to improve risk management best practices within the organisation, HSBC has selected a specialised training programme that can be delivered onsite to their personnel.

The Risk Management Best Practices Seminar will provide delegates at HSBC with a comprehensive understanding of the concepts and practical implementation of best practice credit risk management in the highly competitive banking and financial services industries.

Hima Bhandoola, Senior Credit and Risk Manager of Personal Financial Services at HSBC comments that, ?Training has become an important focus for our organisation; by improving the knowledge base of our personnel we can ensure that we maintain our success and a competitive edge. This practical seminar is designed to ensure that our personnel can return to their work environment with a full understanding of the concepts and practical implementation of best practice credit risk management.?

Stephen Leonard, Managing Director at PIC Solutions adds, ?We are delighted to present this specialised training programme to the HSBC banking personnel. The Credit Academy has successfully presented specialised training to organisations in the Middle East region and our personnel have a wealth of experience of delivering practical training solutions. This seminar will provide delegates with a practical understanding of credit risk in the highly competitive consumer credit industry.?

HSBC Bank Middle East Limited
HSBC is the largest and most widely represented international bank in the Middle East, as well as one of the region?s oldest financial institutions. Through a number of subsidiaries and associated companies with operations based in the region, HSBC delivers an extensive range of financial services. These include personal finance, commercial and corporate banking, Islamic financial solutions, trade services, cash management, treasury and capital markets, investment and private banking, insurance, consumer and asset finance, securities and custody services.

HSBC Bank Middle East Limited has 29 branches throughout the region and has been a principal member of the HSBC Group since 1959. The Bank was voted ?Best Bank in the Middle East?, and ?Best Debt House? in the Middle East and the UAE for 2004 from Euromoney.

HSBC Holdings plc
HSBC Bank Middle East Limited has been a principal member of the HSBC Group since 1959. With about 10,000 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa and assets of US$ 1,154 billion at 30 June 2004, the HSBC Group is one of the world?s largest banking and financial services organisations.

About PIC Solutions
PIC Solutions provides customer management solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions. Our ongoing commitment is to enable clients to optimise the credit life cycle of your business.