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Training

In: Credit Control in Boom and Recession

Author

Listed:
  • T. H. Donaldson

    (J. P. Morgan)

Abstract

Training has never been more important in credit control than currently. The bad debt record of so many different banks in the late 1980s and early 1990s is evidence of this need. The new trends and products add to it. The case is strengthened by greater competition and the emphasis on marketing. For many reasons banks are under pressure to take credit risk — not only in lending. Many parts of the bank require it to take credit risk to support their profits, but take no interest in credit control. To resist or reduce this pressure banks need more focused and continuous training in credit than ever before.

Suggested Citation

  • T. H. Donaldson, 1994. "Training," Palgrave Macmillan Books, in: Credit Control in Boom and Recession, chapter 15, pages 207-215, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-39024-9_15
    DOI: 10.1057/9780230390249_15
    as

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