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Restructuring of Loans in Banks

Restructuring of Loans in Banks
30 – 31 MAY 2016 CITY SEASONS Hotel – Al Sarooj Hall, MUSCAT / SULTANATE OF OMAN

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 approaches 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

Review of Problem Loan Management Terms and Concepts, Overview of General Principles Relating to restructuring, Introduction of guidelines issued by the Central Bank of Oman and a Review of Tools and Concepts Used to Analyze and Solve Multi-Creditor Problem Loans.
Module 1 (Najib):
• Current Situations in Oman Regarding How Cases of restructuring Are Handled and a Review of Problem Loan Management Terms and Concepts.
• Central Bank of Oman instructions on classifications of loans and provisioning as also instructions issued on restructuring.

Module 2 (Carol):
• Benefits of an effective insolvency regime – Distinction between Insolvency Proceedings and Restructuring
• A Synopsis of General Principles used internationally for Multi-Creditor restructuring and Introduction to the Standards Principles; assessment of viability of restructuring proposals. Setting milestones and benchmarks
• QUIZ on The Standards Principles

Module 3 (Bilal):
• Analyzing and Solving Multi-Creditor Problem Loans
• Key Elements in Assessing and Developing an Effective Restructuring Plan

Module 4: Implementing Restructuring Plans

Case Study / Exercise
• CASE STUDY EXERCISE IMPLEMENTING Restructuring IN OMAN: (To Be Developed)
• Activity I: Teams Identify and Present Issues/Concern Relating to Implementing the restructuring Principles.
• Activity II: Teams Develop Convincing Solutions for the Issues/Concerns Relating to Implementing the Restructuring Principles Presented in Activity I
• Activity III: Implementing/Negotiating a Restructuring Arrangement.

SPEAKERS:

This Workshop will be inaugurated by Dr. Muhammad Bassiri, Deputy-Governor Banque du Liban in a key note Speech.

Mr. Najib Choucair
Mr. Choucair is the Executive Director, Head of the Banking Department at Banque Du Liban. He is an active member of the open market committee and an active member of the early warning committee. He is also a contributor to Doing Business-World Bank and organized and participated in a number of conferences and seminars held jointly with IMF, AMF, World Bank, EIB and IFC. He has launched initiatives to promote micro-credit, lending to SME’s and the establishment of Registry for movable Assets, the financial Statement Center for Corporate and Out of Court workout.

Mrs. Carol Khouzami
Mrs. Kouzami is the Private Sector Development Specialist at the International Finance Corporation (member of the World Bank Group) with a legal educational background. She is responsible of managing investment climate projects in the MENA region with special emphasis on insolvency reforms (in-court insolvency proceeding, insolvency practitioners and OCW). In this context she led the recent introduction of an out-of-court mechanism in each of Jordan and Lebanon in close cooperation with the banking authorities. She is currently assisting the Central Bank of Tunisia in introducing OCW. She previously worked as the Senior Legal Adviser at the Ministry of Finance in Lebanon. Mrs. Khouzami is also a certified mediator from the leading UK-based mediation center CEDR.

Mr. Bilal Al Sugheyer
Mr. Al Sugheyer is the Investments Officer, Global Financial Markets for the MENA region at the International Finance Corporation, World Bank Group. He is responsible of business development and portfolio management activities of IFC investments in financial markets. In this context, he led the advisory Services projects in Risk Management, SMEs Banking, and financial leasing and MENA’s Operational Risk Management team in identifying, measuring and managing IFC’s Operational Risk. He previously worked as the SMEs Financial Advisor at European Union Aid Program. He has participated in the management of the first Palestinian Initial Public Offering.

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:
Cairo – Egypt : 19 Al-Batal Ahmed Abdelaziz Str. 2nd Floor – Apt (11) – Mohandissine – Giza
Tel: +202-33023762/+202-33034442 Fax: +202-33440297 Email: uab-egypt@uabonline.org

Amman – Jordan: P.O. Box: (942100) Amman (11194) Jordan
Tel: +962-6-5677234/5 Fax: +962-6-5688854 Email:uab-jordan@uabonline.org

Khartoum – Sudan: P.O. Box: (12597) Khartoum
Telefax: +249-183-781742

Tunisia: P.O.BOX:1002/45 Tunis Tel: +216 71 908083 Fax: +216 71 951 419

Sana’a – Yemen: P.O. Box: 11318 Sana’ab Tel: +967 1 242328 Fax: +967 1 242305

May 30 2016

Venue

City Seasons Hotel Muscat

Al Khuwair City Center,Sultan Qaboos Road، 3513 Way, Muskata 114, Oman
Muscat, Oman

+ Google Map

Phone:

968 24 394800

Restructuring of Loans in Banks

Restructuring of Loans in Banks
30 – 31 MAY 2016 CITY SEASONS Hotel – Al Sarooj Hall, MUSCAT / SULTANATE OF OMAN

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 approaches 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

Review of Problem Loan Management Terms and Concepts, Overview of General Principles Relating to restructuring, Introduction of guidelines issued by the Central Bank of Oman and a Review of Tools and Concepts Used to Analyze and Solve Multi-Creditor Problem Loans.
Module 1 (Najib):
• Current Situations in Oman Regarding How Cases of restructuring Are Handled and a Review of Problem Loan Management Terms and Concepts.
• Central Bank of Oman instructions on classifications of loans and provisioning as also instructions issued on restructuring.

Module 2 (Carol):
• Benefits of an effective insolvency regime – Distinction between Insolvency Proceedings and Restructuring
• A Synopsis of General Principles used internationally for Multi-Creditor restructuring and Introduction to the Standards Principles; assessment of viability of restructuring proposals. Setting milestones and benchmarks
• QUIZ on The Standards Principles

Module 3 (Bilal):
• Analyzing and Solving Multi-Creditor Problem Loans
• Key Elements in Assessing and Developing an Effective Restructuring Plan

Module 4: Implementing Restructuring Plans

Case Study / Exercise
• CASE STUDY EXERCISE IMPLEMENTING Restructuring IN OMAN: (To Be Developed)
• Activity I: Teams Identify and Present Issues/Concern Relating to Implementing the restructuring Principles.
• Activity II: Teams Develop Convincing Solutions for the Issues/Concerns Relating to Implementing the Restructuring Principles Presented in Activity I
• Activity III: Implementing/Negotiating a Restructuring Arrangement.

SPEAKERS:

This Workshop will be inaugurated by Dr. Muhammad Bassiri, Deputy-Governor Banque du Liban in a key note Speech.

Mr. Najib Choucair
Mr. Choucair is the Executive Director, Head of the Banking Department at Banque Du Liban. He is an active member of the open market committee and an active member of the early warning committee. He is also a contributor to Doing Business-World Bank and organized and participated in a number of conferences and seminars held jointly with IMF, AMF, World Bank, EIB and IFC. He has launched initiatives to promote micro-credit, lending to SME’s and the establishment of Registry for movable Assets, the financial Statement Center for Corporate and Out of Court workout.

Mrs. Carol Khouzami
Mrs. Kouzami is the Private Sector Development Specialist at the International Finance Corporation (member of the World Bank Group) with a legal educational background. She is responsible of managing investment climate projects in the MENA region with special emphasis on insolvency reforms (in-court insolvency proceeding, insolvency practitioners and OCW). In this context she led the recent introduction of an out-of-court mechanism in each of Jordan and Lebanon in close cooperation with the banking authorities. She is currently assisting the Central Bank of Tunisia in introducing OCW. She previously worked as the Senior Legal Adviser at the Ministry of Finance in Lebanon. Mrs. Khouzami is also a certified mediator from the leading UK-based mediation center CEDR.

Mr. Bilal Al Sugheyer
Mr. Al Sugheyer is the Investments Officer, Global Financial Markets for the MENA region at the International Finance Corporation, World Bank Group. He is responsible of business development and portfolio management activities of IFC investments in financial markets. In this context, he led the advisory Services projects in Risk Management, SMEs Banking, and financial leasing and MENA’s Operational Risk Management team in identifying, measuring and managing IFC’s Operational Risk. He previously worked as the SMEs Financial Advisor at European Union Aid Program. He has participated in the management of the first Palestinian Initial Public Offering.

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:
Cairo – Egypt : 19 Al-Batal Ahmed Abdelaziz Str. 2nd Floor – Apt (11) – Mohandissine – Giza
Tel: +202-33023762/+202-33034442 Fax: +202-33440297 Email: uab-egypt@uabonline.org

Amman – Jordan: P.O. Box: (942100) Amman (11194) Jordan
Tel: +962-6-5677234/5 Fax: +962-6-5688854 Email:uab-jordan@uabonline.org

Khartoum – Sudan: P.O. Box: (12597) Khartoum
Telefax: +249-183-781742

Tunisia: P.O.BOX:1002/45 Tunis Tel: +216 71 908083 Fax: +216 71 951 419

Sana’a – Yemen: P.O. Box: 11318 Sana’ab Tel: +967 1 242328 Fax: +967 1 242305

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