Consolidated Bank Ghana (CBG) has begun a training programme to enhance the strength of its core staff in the credit risk management portfolio.

The programme is aimed at helping beneficiary staff with additional competence in dealing with the small scale business center to reduce high risk of Non-Performing Loans in the sector.

The CBG Credit Risk Academy is part of the goals and strategies by the bank to push for some reductions in non-performing loans from the small and medium enterprises.

According to the Chartered Institute of Bankers Ghana, this is the maiden training programme a commercial bank in the country has instituted for their staff to enhance their strength.

“Trust as a bank is very critical to our operations and we are expecting clients and depositors to trust us with their money. They cannot do that without a good credit risk management system, so this is the reason we see this course as very important to our culture as a bank in Ghana”, Managing Director, Daniel Addo said.

Chief Executive of the Chartered Institute of Bankers, Charles Ofori-Acquah lauded the initiative and disclosed that the institute is looking forward to covering all other financial institutions in the industry with such a certification programme.

The programme will help to judiciously use the recently acquired Ecowas Bank for Investment and Development line of credit.