Enterprises UP and ABSA open new learning avenues for credit providers and banking sector
10 July 2017
Enterprises University of Pretoria (Enterprises UP) and ABSA have launched a training intervention, the Advanced Programme in Debt Review (piloted in 2016), with a group of 23 delegates in the banking and credit provider industries successfully completing their training earlier in 2017.
Relevant to employees in the banks and other credit providers who have specific responsibilities relating to debt review, the programme aims to provide them with a comprehensive overview and legislative framework around debt review in South Africa, as well as the measures to prevent over-indebtedness.
The 2017 programme commenced in April 2017, with two additional groups of 25 delegates attending the course. Presented in a blended mode that takes advantage of technology-enabled and -assisted learning, the programme minimises the time that delegates need to be out of the office and is presented in eight modules or study blocks over the course of three to four months.
Online components of the programme optimise on self-directed learning away from the traditional classroom setting, where delegates can access additional reading material, multimedia, and other online resources that also form an integral part of their preparation prior to attending contact sessions.
Interactive workshops of approximately three hours each also form part of the face-to-face component of the programme and are facilitated through group discussions and/or collaborations to allow for interaction and relevance- or real-world-based learning. This again is moderated by the assistance and support of online forums for delegates to post and respond to questions or assignments posed by the course presenters and their peers.
The programme is divided into six learning blocks and focus on the application and interpretation of the act as well as classification of credit agreements, e.g. credit facility, credit transaction, and credit guarantee. The different categories of credit agreements: small, intermediate and large as well as institutional arrangements under the Credit Act are also explained. All of the above is illustrated with practical examples and the latest applicable case law.
The realisation of the need for such training in the industry has also instigated the roll-out of further intakes on the programme and the scheduling of additional courses that are set to start at the end of August 2017. Several courses will also possibly be scheduled concurrently to optimise on focus areas that need to be addressed further.
Share this page
Last edited by Liesl OosthuizenEdit
Delegates who have successfully completed the initial Advanced Programme in Debt Review launched by Enterprises University of Pretoria and ABSA in 2016