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Category Archives: AskBFC
AskBFC: How does the business increase the efficiency of branch staff during lock-down and post lock-down periods
May 2020 • Yurii Voychak, MSME and Agrilending Consultant (BFC, Nepal) During the quarantine period, many banks sent their staff on compulsory leave, some banks began to think even about reducing number of staff in the branches in order to optimize costs in the context of the economic crisis. Each bank, of course, has its …
AskBFC: During the loan restructuring process when considering different groups of clients should individual or package approaches be made
May 2020 • Yurii Voychak, MSME and Agrilending Consultant (BFC, Nepal) I would say that all banks in Nepal are actually in the same situation so this question is relevant for all Risk Managers who are working on loan portfolio analysis and restructuring strategies that can be implemented. It is understandable that banks do not …
AskBFC: During the post lock-down period, will centralized or decentralized decision making in the credit process be beneficial
May 2020 • Gayrat Mazbutov, Bank Coordinator/MSME & Agrilending Consultant (BFC, Nepal) In light of the upcoming crisis period typically accompanied by growing credit risk and assets quality deterioration, we strongly recommend switching to centralized decision making to ensure more accurate and objective approach. A solution widely practiced worldwide in developed and developing countries not …