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Credit Specialists of “Keremet Bank” have improved their qualification by studying the financial analysis of agribusiness

10 June 2021

Shavkat Abduraimzhanov, a recognized consultant on agricultural lending with 16 years of work experience in the banking sector in the countries of Eastern Europe, Caucasus, and Central Asia conducted specialized training for all credit specialists of “Keremet Bank” a few days ago. He is one of the active developers of a unique instrument on risk analysis and assessment and the potential of agricultural credits.

“The analysis technologies are almost similar, the differences are only in specifics of the direction, - says Shavkat Abduraimzhanov. – For example, in Azerbaijan, it is a  plant production, in Kyrgyzstan, 70 % of the agricultural market is livestock production, and this business has great prospects and potential”.

A three-day course “Financial analysis of agribusiness” was built on the analysis of principles of livestock production. Of course, the trainer paid attention to the peculiarities of the analysis of plant production, poultry farming as well as beekeeping, the potential of which is used only for 20% in the country, according to his opinion. The issues of determining profitability and compiling cash flows were considered, the principles of cross-validation were studied, the problems on product and agricultural balance and many others were analyzed on the examples of real cases of real clients.

The specialists of the bank who came to Bishkek for training from all regions of the republic, almost unanimously noted, they have obtained not only valuable knowledge but looked at their work from a perspective, as well as the special energy and individual approach of the trainer to each training participant.

Shavkat Abduraimzhanov emphasized that all gained theoretical and practical knowledge can be immediately applied for business tasks performance and thanked Keremet employees for the serious approach to the educational process, adherence with time management and teamwork, having noticed that these were significant qualities for the successful work of credit specialists. So, “Keremet Bank” has not only big plans but also prospects ahead!


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