London/Cairo: Egypt is one of the world’s most promising emerging markets, evident through the recent economic development that resulted from the implementation of its economic reform program, and the Egyptian Government’s ambitious plans and commitment to foster youth development and career enhancement for Egyptian professionals. Fitch Learning takes pride in transferring its knowledge and solutions to the Egyptian financial sector to further enhance the advancement of financial professionals by starting its international Credit Academy and certification in Egypt for the first time locally in Partnership with MASAR.
As one of the largest providers of Financial Services training worldwide within established financial hubs, including London, New York, Singapore, Dubai and Hong Kong, Fitch Learning is already recognised as the lead expert, offering a wide range of courses, workshops and certificates for financial professionals, specifically created to deepen knowledge, develop skills and enhance conduct across fast paced financial markets globally. The learning solutions it provides encompass expert faculty, e-learning, coaching and blended candidate assessments, which collectively combine to improve individual contribution and also deliver positive business outcomes.
The launch of the first-time international Academy and certification will be offered locally through providing two credit academies in Egypt starting June 2019 and for 8 consecutive weeks full-time, as the two academies are geared towards training credit and risk financial professionals in order to better manage credit portfolios for big companies and SMEs with global excellence.
The Learning curriculum provided by Fitch Learning consists of several intensive financial modules: International Accounting Standards, Financial Analysis Techniques, Economic Research Analysis, Financial Valuation, Building Complex Financial Models, International Project Finance, SMEs Financing, Rating Methodologies, Real Estate Financing, Infrastructure and Project Financing and Global Credit and Financing Structures/Methodologies.
The program is specifically designed to improve the skills of financial professionals to better understand the complex operational nature of today’s international financial markets; in addition the program provides a level of international exposure to participants to support their knowledge transfer in the growing and dynamic Egyptian market. Upon completion, successful participants will receive the Fitch Learning International Credit Certification.
“I am pleased that we have been able to partner with MASAR, as it has an excellent track record and a team with international expertise. Fitch Learning will offer these crucial learning initiatives for young professionals, who are typically eager to get the international exposure and advance their careers, and set them up for bright futures in the global financial services arena. We’re excited to launch these Academies to mark the start of Fitch Group’s strong presence in the Egyptian market and Africa,” said Andreas Karaiskos, Chief Executive Officer, Fitch Learning.
“The Egyptian market is offering investors an attractive variety of investment opportunities, and it is important for us that our young professionals not only understand the singularity of operating in this emerging market, but can address the complexities of operating in a global market and be able to navigate through the complex financial and economic challenges. The international trust in the Fitch Group’s capabilities and its global presence will enrich the Egyptian financial sector through various ways, the most important of which is supporting the Egyptian professionals with the latest international learning prorammes,” said Dalia Khorshid, Chairwoman and CEO of MASAR.
Fitch Ratings recently upgraded Egypt to B+/Stable Outlook. The country has made progress in implementing economic and fiscal reforms, which are driving improved macroeconomic stability, fiscal consolidation and stronger external finances. The authorities will complete the three-year IMF Extended Fund Facility (EFF) in 2019. It seems likely these reforms will continue to generate better economic outcomes beyond the IMF agreement.
Media Relations: Louisa Williams, Fitch Group, London, Tel: +44 20 350 2452 Email: email@example.com
About Fitch Learning
Part of the Fitch Group, Fitch Learning partners with clients to deepen knowledge, develop skills and enhance conduct, delivering positive business outcomes. With centers in established financial hubs including London, New York, Singapore, Dubai and Hong Kong; we are committed to understanding complex client needs across fast paced Financial Markets, globally.
MASAR provides top quality financial services advice and services to the Egyptian and regional markets. For more information, please visit www.masaradvisors.com
© Press Release 2019