In lieu of our in-person East Africa Summit, this year, Moody's Analytics in partnership with Kenya Bankers Association would like to invite you to join 100+ senior banking leaders for a webinar series. These free webinars will have a line-up of local and regional practitioners as well as international speakers.

Each webinar will begin at 14:00 East Africa Time for one hour. Topics presented are:

Session 1 (Thursday, 2 July): Navigating Credit Risk & Expected Losses: COVID-19
Session 2 (Thursday, 9 July): Classification and Stage Allocation of Financial Instruments Under IFRS 9 
Session 3 (Thursday, 16 July): Risk Based Loan Pricing

You will only need to register once for all 3 sessions. Once you have registered, you will receive 3 confirmation emails with your unique log in details for each session.

All sessions will be recorded and available to view on-demand, should any of the dates/times not suit your calendar. However, you need to register to gain access to the recording.

The agenda information on each webinar can be found below.

If you have any questions, please email Valerija Slavina



Session 1: Navigating Credit Risk & Expected Losses: COVID-19
Thursday, 2 July, 14:00 EAT

Many institutions recognize that credit models built in the pre-COVID-19 period are not performing sufficiently to evaluate the current environment. Furthermore, credit loss forecasting methods used for IFRS 9 provisions may not differentiate impact on different industries and borrowers. This could potentially lead to excessive concentration and increase in NPLs.

In this webinar we will discuss:

- Challenges for the Banking sector in Kenya as a result of disruption caused by Covid-19
- How are credit risk indicators and expected credit losses trending?
- What can Financial Institutions do to navigate credit losses post pandemic?
- How to adapt scorecards and models for identification of vulnerabilities?
- Best practices in Managing Expected Credit Losses and NPLs


Session 2: Classification and Stage Allocation of Financial Instruments Under IFRS 9
Thursday, 9 July, 14:00 EAT

IFRS Standard 9 has introduced a new classification of financial instruments which determines their measurement method. Also the Impairment requirements of IFRS 9 introduced a staging mechanism. This has an objective to recognize lifetime expected credit losses for all financial instruments for which there have been significant increases in credit risk since initial recognition.

In this webinar we will discuss and answer questions such as:
- How can the entities determine the classification of financial instruments based on the business model for managing the financial assets and the contractual cash flow characteristics.
- What are the factors that determine significant increase in credit risk for allocating instruments to stage 2.
- Definition of default and Stage 3 instruments
- Challenges in current environment in determining significant increase in credit risk.


Session 3: Risk Based Loan Pricing
Thursday, 16 July, 14:00 EAT

Kenya’s parliament agreed last year to remove an interest rate limit that was introduced in 2016 to curb high borrowing costs. The policy is expected to benefit local banks although there are concerns about a return to excessive borrowing costs. It is also expected that the move will attract more competition in the lending space among banks and other lenders going forward.

In this webinar, we will discuss:

• The current pricing framework adopted by Financial Institutions in Kenya 
• The best practices in Risk Based Loan Pricing
• How has IFRS 9 and recent COVID – 19 crisis impact the loan pricing methods
• Example of a loan pricing model practical application

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches