DBP taps Moody’s Analytics for eLearning

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State-owned Development Bank of the Philippines (DBP) has tapped Moody’s Analytics for the implementation of its eLearning training and simulation program for its officers and employees.

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“The first of its kind for the bank, DBP’s eLearning program will be an alternative channel of training delivery and talent development, as well as a convenient, accessible and cost-effective mode of training, for DBP officers and employees in the head office and branch network,” the bank said in a statement.

It added that Moody’s Analytics Commercial Lending eLearning curriculum is designed to ensure that DBP account officers will have a better understanding of the financial needs and risk profiles of their clients, besides enhancing the bank’s overall risk management infrastructure.

“It is a great privilege for us to partner with such a venerable policy bank in helping to raise competency levels across the organization,” Ari Lehavi, head of Moody’s Analytics’ Training and Certification Division, said in a separate statement.

Lehavi also commended DBP for its commitment to foster a culture of risk awareness and competence, adding that the bank is in line with best practices among leading institutions worldwide.

Moody’s Analytics said that by deploying its online training and simulations solutions, DBP seeks to ensure that its credit officers are better able to serve the needs of customers with a deeper understanding of their financial needs and risk profile.

In the process, the bank expects to sharpen credit decisions and enhance its overall risk management infrastructure, it added.

Moody’s Analytics explained that the eLearning curriculum is uniquely designed to ensure that credit practitioners can apply their acquired knowledge and skills in real life scenarios.

The program contains lessons and simulations that help lenders master the competencies required to make sound and informed credit decisions.

“This training partnership between Moody’s and DBP represents a deepening of an ongoing collaboration between the two companies; DBP currently utilizes Moody’s Analytics Enterprise Risk Solutions,” it stated.

It also said that the partnership further builds upon Moody’s position in Asia as the leading provider of credit risk training solutions and risk management systems to the region’s financial institutions.

Moody’s Analytics is a division of Moody’s Corp., which offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management.

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