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Restructuring of Loans in Banks Outside the Court

Restructuring of Loans in Banks Outside the Court
27 - 28 JULY, 2016 BEIRUT / LEBANON

BACKGROUND

When a debtor gets into temporary financial difficulty, one option available is formal restructuring arrangement envisaging some support / concession from the creditor/s so as to enable the debtor tide over the temporary problem.

Restructuring in some form or other existed for as long as there have been financial problems to be resolved. In extreme financial difficulty when issues cannot be accommodated by consensual arrangements, the parties may go to the court to facilitate recovery. A timely restructuring can eschew the need for the eventual intervention of courts.

It is widely acknowledged that restructuring arrangements:
allow viable businesses to continue to operate and emerge successfully from difficult times;
allow financial institutions and other creditors to reduce losses;
avoid the social and economic impact of major business failures;
reduce pressure on the courts;
better serve all key stakeholders including customers, employees, suppliers and investors-since businesses under restructuring continues in the normal way; are more efficient and effective than eventual court procedures as it addresses issues at the incipient stage itself; and help the commercial community develop confidence in the fairness, transparency and accountability of restructuring arrangements.

This workshop provides a comprehensive overview of the standards principles used in successfully managing of a multi-creditor restructuring arrangement and highlights the challenges and benefits associated with the same. Beginning with how the mismanagement of multi-creditor restructuring adversely impacts an institution’s soundness and reputation.
The program provides the participants aproaches and methodologies for identifying, assessing and managing multi-creditor restructurings; thereby enabling participants to develop and implement effective plans for restructuring arrangements, which permits viable companies to tide over temporary difficulties.

PREREQUISITE KNOWLEDGE:

In order to get maximum benefit from this Workshop, participants should have fundamental knowledge of the various aspects of debt recovery when the debtor is facing financial difficulties.

OBJECTIVES:

At the conclusion of the program participants will be able to:
• Understand and discuss how problem loans impact a lending institution’s operations, soundness and reputation;
• To effectively define problem loans in a manner that facilitates early detection and resolution;
• Understand and discuss warning signs that help credit professionals foresee emerging loan problems;
• Understand and discuss the objectives and goals of managing problem loans;
• Understand, discuss and implement principles of restructuring;
• Understand and discuss concepts and tools used to assess the financial condition, performance and viability of distressed companies.
MAIN TOPICS
- The juridic approach of restructuring of loans outside the court.
- The banking background of restructuring of loans outside the court.
- The Credit file administration (control and follow up procedure)
- The Alert signs and early warning indicators.
- Classification and explanation of loans risk (Banque Du LibanCircular No. 58)
- How to create and study the non-performing loans file and how to negotiate with the client.
- The new methodology of restructuring of loans outside the court.
- Explanation of BDL Circular No. 135
- Explanation of BCCL Circular No. 284
- Case Studies

TARGETED ATTENDEES
- Managers and main assistants of credit departments (corporate and retail)
- Managers and main assistants of corporate finance
- Heads of remedial
- Branch managers

SPEAKERS:


- Mr. Pierre Kanaan, Executive Director, head of Legal Department, Banque Du Liban (Central Bank of Lebanon).

- Mr. Najib Choucair, Executive Director, Head of Banking Studies Department, Banque Du Liban (Central Bank of Lebanon).

- Dr. Silvan Masaad, Leagl Department,Banque Du Liban (Central Bank of Lebanon).

- Mrs. Ferial Assah, Former Senior Director, Head of Credit and Remedial, Bank of Beirut & Arab Countries , Lebanon.

PARTICIPATION FEES:

800 $ for UAB members
1000 $ for Non-UAB members
Fees include attending the workshop, receiving the material, refreshments and a daily lunch.

SCHEDULE AND LANGUAGE:

Registration: the first day from 8am to 9 am.
Schedule : from 9:00 am to 15:00 pm daily.
Workshop language: English (is a must) and Arabic.

MEANS OF PAYMENT

A Bankers check shall be drawn at New York to the order of the Union of Arab Banks, or by trans fer to the account of the UAB No: 0331-082305/510 Arab Bank - Beirut Lebanon.
For online registration & payment, please visit our website :www.uabonline.org


Arab Bank - Beirut - Lebanon Swift code (ARABLBBX)
Riyad El solh Br. Account No:0331-082305-510
Through Wells Fargo - Sanfrancisco – USA Swift code (PNBP US 3N NYC)
Iban: LB42 0005 0000 0000 3310 8230 5510
Beneficiary: Union of Arab Banks
For any additional information or inquiries regarding this event, please contact us at the following addresses:
Union of Arab Banks
Headquarters:
Beirut - Lebanon: P.O. Box: 11-2416 Riad El-Solh 1107 2210 Tel: +961-1-377800 - +961-1-364881 - 5 - 7
Fax: +961-1-364952 - +961-1-364955 Email: uab@uabonline.org
e-mails: training@uabonline.org Booking online: www.uabonline.org

Regional Offices:
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Fax: +967 1 242305

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