MPL Restructuring & Recovery Excellence 2017Date: 22nd to 24th February 2017, Johannesburg, SA
Overview
The credit market in Africa has been growing rapidly in recent years, and the field is becoming increasingly competitive and complicated. Credit processes and assessment standards have been evolving in the region, and problem loans and default rates in several countries have been excessive.
Regardless of the size and complexity of the transaction which determines the method used in resolving the problem loans, there are common areas of strategy, law and business skills which must be considered. The experiences of the African currency crisis and the enormous volume of non-performing loans that emerged from it have provided important lessons in the early recognition, control and proactive management of nonperforming loans.
This workshop will cover all aspects of the problem loan process, from recognizing the problem, minimizing legal risk, managing a portfolio of such loans and finally resolution of the problem. This interactive programme based on real-life situations will provide you with the opportunity to discuss, debate techniques, approach to workouts, litigation and alternative approaches to handling problematic lending situations.
Benefits
By the end of this course, participants will learn:
- Understand the normal process of corporate failure, and understand that failure is the last step in chain of events, not the first.
- Appreciate the major causes of failure.
- Be aware of the financial and non-financial signals of impending failure; the ways in which borrowers attempt to disguise those signals, and how to structure their banks monitoring protocols to highlight the signals, so as to identify impending failure early, rather than late in the process.
- Understand the interaction between problem loan management and the legal environment in their country.
- Implement that strategy so as to maximize the recovery and/or minimize the institution’s loss.
- Work with other lenders – whether in a formal syndication or otherwise – to minimize conflict between lenders.
- Use of other modalities to strengthen lenders position, such as formal and informal mediation, aggressive collection action, etc.
- Disposition of non-performing loans (NPLs), role of asset management companies (AMCs) / asset reconstruction companies (ARCs), and the perspective of investors in purchasing distressed assets.
- Understand the interaction between problem loan management and the legal environment in their country.
- Be aware of a number of specific legal issues that either do complicate, or have the potential to complicate, the effective management of problem loans within their country.
- All senior and support staff involved in corporate finance
- Inspection / Audit staff
- In-house legal staff
- Product Anyone with an interest or responsibility for corporate Lending
