Edcomm Banker’s Academy Certifies 25 Commercial Lenders with Financial Analysis Training

Edcomm Banker’s Academy recently certified 20 Commercial Lenders from a Pennsylvania Retail Bank with its Financial Analysis training program.

New York, NY, January 24, 2011 -- Edcomm Banker’s Academy recently certified 20 Commercial Lenders from a Pennsylvania Retail Bank with its Financial Analysis training program. Upon successful completion of Advanced Financial Analysis, pariticpants gained the knowledge, skills and certification needed to effectively analyze their clients’ business to make informed lending decisions.

The most effective way to increase profits while reducing risk in lending is by knowing clients' business. Commercial Lenders must know how their clients have performed in the past, and how they are currently doing, to predict how they will perform in the future. The key to truly understanding client business is through financial analysis. In addition to minimizing the bank's risk and maximizing its reward, being able to perform financial analysis is a skill set that will enable Commercial Lenders to provide better sales and service to the bank’s clients.

Advanced Financial Analysis, from Edcomm Banker’s Academy, is an interactive training program that provides Commercial Lenders with the formulas, skills and techniques they need to analyze their clients' business and make the best decisions for the bank. Participants will review the types of businesses they serve, the full accounting cycle, the full range of financial statements provided, and how to properly review all financial data. Advanced Financial Analysis also teaches participants how to use financial statements to forecast and create projections for future financial performance, including calculations such as Cost of Good Sold (COGS) to Inventory, Return on Assets (ROA), Return on Equity (ROE) and Profit Margins.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel:+212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com

This release was published on openPR.