Helping Keep African Bankers Ahead Of The Pack

Modi'in, Israel (PressExposure) March 11, 2009 -- The events of 2007 – 2008 that have devastated banking across the world have, fortunately, left Africa largely unscathed. However there are many lessons to be learned from these unhappy events.

CITADEL ADVANTAGE is offering three brand new training courses in Johannesburg, South Africa this coming May that have been specifically designed to help bankers and their staff to understand these recent events, the lessons that we have learned and how you and your bank will be able to benefit from these.

The three courses being held in Johannesburg during the week 4 to 8 May are designed to tackle the critical issues currently facing all banks in the developing world – operations risk management and how the technological revolution can best be harnessed to meet the demands of an ever changing and unique conditions in Africa.

A brief synopsis of the three courses and their content follows;


During 2008, the financial institutions of the world suffered unprecedented events. This course focuses on the actual events of 2007-2008 and shows how a failure in Operational Risk Management fueled the subsequent Credit & Liquidity Crisis and the financial meltdown. This course is intended to move the participants beyond the international compliance requirements for operations risk (such as contained in Basel II), and into an understanding of operations risk management and mitigation as a value added proposition, increasing the bank’s profitability and structural strength.

A one-day introductory workshop, “DOMESTIC PAYMENTS ORIENTATION WORKSHOP”.

The objective of this workshop is to acclimatize recent banking industry entrants as well as their more senior bank and corporate officers who have never had the exposure to this aspect of banking, to the world of Domestic Payments.


Rapid technological changes in recent years have revolutionized the way banking services and products are delivered to consumers, small businesses and corporates alike. We are all familiar with how the Internet, the Mobile-phone, Smartcards have changed our lives. These new innovations hold great promise for banking and bank operations in emerging economies. To innovative, progressive, go-ahead banks these changes, known collectively as e-Banking hold great promise to change the way banking operations are carried out. This course provides a clear introduction to the world of e-Banking and shows how e-Banking may be harnessed to the benefit of bank and customer alike. This course has been specifically tailored to the development of e-Banking in emerging economies.

Full information on these events by dropping an e-mail to

About Citadel Advantage Ltd

Citadel Advantage offers a wide & comprehensive range of professional courses and training for commercial and central banks in the areas of; Operational Risk Management (for Basel II and for back-office risk mitigation), Specific Operational Risk Management areas including Business Continuity Planning, Anti Money Laundering & Payment Systems, and Liquidity Management.

Full details regarding Citadel Advantage may be obtained at

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Press Release Submitted On: March 11, 2009 at 1:46 am
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