Restructuring Bank Loans
- How to Negotiate for a Haircut With Your Bankers
Date: 12th-13th January 2009,
Venue: Legend Hotel, Kuala Lumpur, Malaysia
Bank has always been the largest creditor of any companies. It often easy to deal with trade creditors, but difficult to appease banker. If only debtor knows how a bank works, then, he will be able to work out proposals to pare down secured or unsecured debts of his company.
Rather than going blindly to secure the cooperation of banker, the finance officer, after attending this course, shall be competent to implement or negotiate strategies to settle or revise its existing terms, and apply for further financing to stay afloat. Sometimes we wonder why bank acts so tough, and at other times it cooperates so readily.
If bank does not wish to relent, then this module will show the same officer the aids available from Small Debt Resolution Committee so as to quickly pump in new moneys into the heart of his business, or at least receive some indulgences, though not forthcoming from bank, that will save his business from the brink of bankruptcy.
Objectives
- Understand how banks follow the guidelines
imposed by the Central Bank of Malaysia
- Work around the banks to accept a reasonable payout scheme
- Appreciate the worst that the banks can throw on you
- Avoid the legal proceedings by showing your sincerity to repay
- Learn some ways to restructure your banking loans
- Negotiate for a reasonable amounts of haircut before you repay
- Avail to the laws for your protection and
use the special funds set by the government
to restructure your payment
Who Should Attend
Finance Managers, Accountants, Financial Controllers, General Mangers, CFO, COO, CEO, and Directors
The Expert - Mr aGEE Lee
aGEE Lee has more than 22 years of experience in the commercial banking in Malaysia and has worked in Malayan Banking Berhad and seconded to Kwong Yik Bank Berhad in 1980 to set up a Legal Documentation Department.
He started as a trainee officer moving up to Branch Manager, Loan Manager managing Corporate and Commercial Loans and finally as Head of Loan Recovery Division bringing down NPLs to RM65m from RM800m. He also worked in a property development company, then constructing a condominium and Nilai 3, for 2 years, and involved in a manufacturing company before working for 2 years in a construction company, executing federal contracts on roads, schools and colleges, in Kota Kinabalu, Sabah. Besides marketing and approving the commercial loans, he was instrumental in setting up the Loan Recovery Section supervising about RM1.9b NPLs and was involved in structuring loans and lecturing modules on debt collecting and legal documentation on securities for 13 years.
His last appointment was with Hong Leong Bank Berhad in 2003/4 as Head of Remedial Management Department. aGEE Lee holds Honours Degree in Economics (major in Business Administration) from Universiti Malaya, Associate of Institute of Bankers (London), Diploma in Marketing Management (NPC) and Certificate in Financial Planning (MII). He is now a Training Consultant for IBBM, MIA and Banks in Malaysia and Vietnam. Currently he has been giving talks on practical topics that will boost skills and confidence of participants.
Workshop Format
HRDF
This workshop is HRDF SBL Scheme Claimable.Call Us Now!
Do not miss this professional training - The investment is only RM 1690 per delegate, and RM 1590 for the early bird fees (register before 12th December 2008), It's a small investment in future success. If you would like to have more information or would like to know about the fees for group registrations, please do not hesitate to contact us now.
Tel : (603) 40216000
Fax : (603) 40235716
Email : admin@gin-my.com
