 |
|
|
|
For Immediate Release
Moody's KMV and Tarsus Kredi to Hold Credit Risk Conference in Istanbul
Credit Experts and Finance Professionals to Discuss the Future of Credit Risk in Turkey
ISTANBUL - November 7, 2006 - Moody's KMV, the world's leading provider of quantitative credit risk measurement and management solutions to lenders, investors and corporations, today announced that it will collaborate with its partner in Turkey, Tarsus Kredi, to hold a conference for Credit Risk Professionals in Istanbul. The Conference will bring together leading credit risk specialists and banking experts to discuss current issues and trends concerning Turkish credit risk. The Conference will take place November 8, 2006, at Ç?ra?an Kempinsky Hotel in Istanbul between 09.30 and 16.15.
The Credit Risk Conference will showcase international perspectives from two guest speakers who implemented new credit risk systems at their own banks, Lloyds TSB in London and The National Bank of Abu Dhabi. The Conference will also focus on advanced credit strategies and portfolio management tools for financial institutions looking to increase economic capital, apply best credit practices to their institutions and comply with the pending implementation of Basel II regulations in Turkey.
"The application of Basel II policies will strengthen how banks and other financial institutions assess and manage risk. This conference will be essential in providing the Turkish financial sector with guidance on how to cope with the challenges of this new era," said Gavin Style, Managing Director of EMEA for Moody's KMV. "Finance has become the leading sector in the Turkish economy and I believe this gathering will be very useful for Turkish financial institutions in helping them develop a strategic program for credit risk management."
The Conference will be attended by financial thought leaders, including:
- Gavin Style, Managing Director of EMEA for Moody's KMV
- Mehmet Topbaş, Managing Director of Tarsus Kredi
Other speakers will include:
- Paul Mather, a senior banker who is very experienced with Basel II, and previously headed implementation of the corporate IRB project within Lloyds TSB
- Rohit Kumar, responsible for the implementation of risk-based rating systems at the National Bank of Abu Dhabi
- Charles Stewart, Moody's KMV Credit Strategies Group
- David Wright, Director, Moody's KMV
- Samile Mümin, Sales Manager, Tarsus Kredi
- Burcu Güner, Manager, Moody's KMV London
Mehmet Topbaş, Managing Director of Tarsus Kredi added, "By the end of 2007, the Basel II criteria will be implemented in Turkey. Banks and other financial institutions should be prepared to meet the new challenges in credit risk management. They have to develop the necessary infrastructure to use more advanced tools in risk management. International knowledge, expertise and the advanced credit risk measurement tools provided by Moody's KMV will be a great boost to the sector."
Back to Press Releases |
|
