Sri Lanka Institute of Credit Management to host 18th Annual Convocation

Tuesday, 21 October 2014 00:10 - - {{hitsCtrl.values.hits}}

Knowledge in handling and managing credit will determine the success of a business – SLICM

The Sri Lanka Institute of Credit Management (SLICM), the leading institute which offers credit management education in Sri Lanka, will host its 18th Annual convocation on 23 October at the Centre for Banking Studies, with Central Bank Governor Ajith Nivard Cabraal gracing the occasion as the Chief Guest. More than 300 CEOs of the financial services sector and senior staff of Central Bank will also be attend to the only convocation dedicated for credit management academics. Themed ‘Quest for Sustainable Credit Practices in Sri Lanka,’ over 100 students will be passing out from Advanced Diploma in Credit Management, Diploma in Credit Management and Certificate in Micro Credit Management programs and three honorary fellowships will also be granted.

SLICM Secretary Brindley De Zylva said: “The key objective of SLICM is to fulfill the education and training standards of the banking and the non banking financial industry to support the vision of the economic leadership of the country in producing an advanced financial sector by 2020. It is no doubt that the knowledge in handling and managing credit will determine the success of a business.” SLICM Vice President Lyle Peiris added: “The convocation will not only be an opportunity for students to celebrate their educational achievements, but also an opportunity for students and all attendees to realise the significance of focusing on the importance of adopting sustainable practices in lending.” SLICM courses include an Advanced Diploma in Credit Management and a Diploma in Credit Management which are 12 month examination-based programs which also involves a 10,000 word/6,000 word research paper. The Certificate in Micro Credit Management is a four month long program which is assessed using a case study based examination. SLICM recently launched another program (Executive Certificate in Marketing Credit Instruments) with the intention of producing a set of marketers to the industry who engage in selling sustainable credit. Associate Members of SLICM are entitled to use the affix “AICM” following their name and the AICM holders are eligible to obtain the Associate Membership of Institute of Credit Management UK. Sri Lanka Institute of Credit Management (SLICM) was started in 1988 as a pioneering education project by the leading finance companies intending to fill a vacuum in the leasing and finance related companies in Sri Lanka. In the year 2000, it was enacted by the Parliament of Sir Lanka and cited that the Sri Lanka Institute of Credit Management be incorporated under Act No. 07 of 2000. SLICM has over 25 years of experience in delivering educational programmes in credit management specifically designed to uplift the credit management skills of the Sri Lankan professionals.