GBRW is delighted once again to have been selected to deliver specialist finance and banking training for the Banco Central de Cuba, funded by the UK Government’s Prosperity Fund. Since 2017 GBRW has been a trusted provided of specialist training and development services to the Central Bank of Cuba.
The overall aim of the programmes are to help build the capacity of the Cuban financial sector as it seeks to re-enter international markets, by updating Cuban bankers on best practice in a wide range of financial services topics. Course delivered so far include ‘Risk, Return and Efficient Markets’, ‘Understanding Commodity Derivatives’, ‘Strengthening Governance and Strategic Leadership in Banks’, ‘How the Basel Accords Have Changed Banking’, and ‘The Finance of International Trade’. These courses were developed and delivered by GBRW, co-operating with close partners from the London Institute of Banking and Finance, for an audience that included not only central bankers, but also representatives from the commercial banking system.
Our most recent course covered Capital Planning and was delivered by Dr David Ellis of GBRW. The five-day course was designed so participants would come away with:
- A solid grounding in the principal alternative capital sources
- A practical knowledge of the unique features of the alternative capital sources, and the markets in which they trade
- A sound understanding of the relative costs and benefits of the various alternative sources
- An insight into how to assess the risks associated with the various alternatives
- The confidence and knowledge to question and challenge potential external providers of capital
Topics covered included:
- An overview and review of basic financing sources and their pros and cons
- Types and appropriate levels of capital including Tier 1 and Tier 2 debt
- The potential buyers of capital and their motivations
- The impact on capital planning of economic and market conditions
- Measuring and optimising risk-weighted assets
- Understanding the changing regulatory environment
- The implications of Basel III and IV for capital planning