Tripoli, 17 September 2013:
A banking seminar and workshop took place in Tripoli today on mastering and managing credit risk. It is part of a wider training programme being coordinated by the International Institute of Banking and Finance in Tripoli in partnership with the French banking training institute, the Centre de Formation de la Profession Bancaire (CFPB), and its Tunisian equivalent, the Academy of Banking and Finance (ABF).
Today’s event, at Tripoli’s Bab Al Bahr hotel, is part of a wider project to set up professional training programmes for the banking and finance industry in Libya that will result in international diplomas in banking being awarded.
In June 2010, a Memorandum of Understanding was signed in Tripoli between the three organisations. The aim is to develop Libyan banking skills by creating a structured banking training scheme with courses being offered in in Arabic. In connection with the Libyan banking community, a priority programme was identified – the control and management of credit risk companies.
It was agreed to create a pilot programme in Arabic and look at issuing a certificate conforming to international standards.
The project is at present funded by the French government but is under the auspices of the Central Bank of Libya. The intention is to create a competitive banking industry that can support Libyan growth, develop Libyan human resources and develop cooperation between the Libyan, French and Tunisian banking sectors.
The French CFPB already has a long-standing relationship with its Tunisian counterpart, ABF. One of the objective of the new link with Libya is to develop a triangular relationship between the three countries that could result in new sources of financing and knowledge-sharing — and be developed to involve other Arabic-speaking countries in the future..
“This initiative should pave the way to set up a series of professional diploma programmes in the banking industry as well as in other business areas,” a French statement read. It should be considered “as a milestone and a benchmark for other businesses”.
Today’s seminar was attended by the Governor of the Central Bank of Libya, Saddek Elkaber, Deputy Governor Ali Hebri, the French Ambassador, Antoine Sivan, the head of the French Embassy’s economic department, Marc Deballon, along with François-Xavier Noir and Lionel Martin from CFPB and Salem Bessaoud from ABF.
The last seminar of the programme will take place in Paris. [/restrict]