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Apr, 4, 2005 News Release Main Page
Genesis taps into Eastern European market through development of seminar in consumer banking credit for leading European banking group.
 
Boston, April 4, 2005 – Leveraging its global design and delivery capabilities, Genesis is finalizing the development of a consumer banking seminar that will be taught to Eastern European executives of a major European banking group. The program is being designed to fit within the client bank's credit cycle and will stress the interconnection between various phases of that cycle. While touching upon aspects of portfolio management, collections and recovery, the seminar will emphasize credit initiation based on the client's policies and procedures as applied to different products.

This assignment marks Genesis' inroad into Eastern Europe, a region that is experiencing a remarkable transformation in its banking sector. Genesis is hopeful that the successful implementation of this seminar will bring other contracts in the region.

Joseph Forte, President of Genesis, says, “we always seek to implement banking best practices tailored to the client's business and marketplace. Our expertise is in taking complex or routine practices and transforming them into useful, applicable training programs. We are not a firm specializing in one area of risk management nor a particular geography. Together with our clients we draw on their own best practices plus our experience in the field, and we research alternative sources for state-of-the-art know-how”.

 
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