Published by Gbaf News
Posted on March 2, 2018
Today, credit risk analytics experts, Jaywing, announced that it has partnered with London-based Ghana International Bank (GHIB) on a series of regulatory, credit grading and corporate banking programmes.
GHIB, which offers a wide range of personal and business banking services to connect its customers and facilitate trade and commerce, has enlisted the help of Jaywing to provide expert consultancy for IFRS 9 and credit grading across the Bank’s trade finance, corporate loans and treasury assets.
Jaywing used its extensive commercial credit and IFRS 9 experience to develop a solution that leverages existing policies and practices, and crucially, is proportionate to the size of GHIB.
As the Bank’s risk management culture has evolved, it has become important for GHIB to develop a more granular credit grading system. Jaywing brought together its credit risk and regulatory capital experts with the in-house experts at GHIB, collaborating to build a comprehensive credit grading framework.
In addition, Jaywing’s multi-skilled specialists worked with the Bank’s own experts to improve provisioning policy, infrastructure design and key areas of regulation and strategy.
Bill Eagleton, Chief Risk Officer at Ghana International Bank, commented: “At GHIB we place a great deal of emphasis on the importance of compliance and having robust banking practices. We were impressed with Jaywing’s approach to protecting and enhancing our credit grading framework and look forward to partnering with them as we continue to develop bespoke solutions in an ever-changing environment.
Chris Rollason, Head of Capital and Regulation Practice, Jaywing, added: “Jaywing has a strong heritage of expertise in navigating the complex and ever-changing regulatory landscape. We’ve developed an unrivalled understanding of IFRS 9 and years’ of experience in commercial credit, and we have used this knowledge to transform the credit practices of some of the UK’s leading financial services institutions.”
“We’re delighted to be partnering with GHIB to help futureproof its credit grading framework and bolster the Bank’s existing policies across its core services. Getting more granular with credit gradings, particularly in a market characterised by high competition and increasing credit risk, it will help GHIB to selectively grow its loan portfolio and to improve both Risk Management and profitability.”
This appointment followed Jaywing’s extensive experience in Credit Risk Analytics gained over the last 17 years’, assisting lenders including Nationwide, RBS, The West Bromwich and Coventry Building Society with IFRS 9, IRB, Stress Testing, ICAAP, credit gradings and a variety of other risk requirements.
To find out more visitrisk.jaywing.com
Today, credit risk analytics experts, Jaywing, announced that it has partnered with London-based Ghana International Bank (GHIB) on a series of regulatory, credit grading and corporate banking programmes.
GHIB, which offers a wide range of personal and business banking services to connect its customers and facilitate trade and commerce, has enlisted the help of Jaywing to provide expert consultancy for IFRS 9 and credit grading across the Bank’s trade finance, corporate loans and treasury assets.
Jaywing used its extensive commercial credit and IFRS 9 experience to develop a solution that leverages existing policies and practices, and crucially, is proportionate to the size of GHIB.
As the Bank’s risk management culture has evolved, it has become important for GHIB to develop a more granular credit grading system. Jaywing brought together its credit risk and regulatory capital experts with the in-house experts at GHIB, collaborating to build a comprehensive credit grading framework.
In addition, Jaywing’s multi-skilled specialists worked with the Bank’s own experts to improve provisioning policy, infrastructure design and key areas of regulation and strategy.
Bill Eagleton, Chief Risk Officer at Ghana International Bank, commented: “At GHIB we place a great deal of emphasis on the importance of compliance and having robust banking practices. We were impressed with Jaywing’s approach to protecting and enhancing our credit grading framework and look forward to partnering with them as we continue to develop bespoke solutions in an ever-changing environment.
Chris Rollason, Head of Capital and Regulation Practice, Jaywing, added: “Jaywing has a strong heritage of expertise in navigating the complex and ever-changing regulatory landscape. We’ve developed an unrivalled understanding of IFRS 9 and years’ of experience in commercial credit, and we have used this knowledge to transform the credit practices of some of the UK’s leading financial services institutions.”
“We’re delighted to be partnering with GHIB to help futureproof its credit grading framework and bolster the Bank’s existing policies across its core services. Getting more granular with credit gradings, particularly in a market characterised by high competition and increasing credit risk, it will help GHIB to selectively grow its loan portfolio and to improve both Risk Management and profitability.”
This appointment followed Jaywing’s extensive experience in Credit Risk Analytics gained over the last 17 years’, assisting lenders including Nationwide, RBS, The West Bromwich and Coventry Building Society with IFRS 9, IRB, Stress Testing, ICAAP, credit gradings and a variety of other risk requirements.
To find out more visitrisk.jaywing.com
