loan product development
DESCRIPTION
LPD provides programs for customizing, improving sales of actual loan portfolio and also, work out the innovative process in creating and launching loan products in the FDI’s markets.TRANSCRIPT
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The Caribbean Development Bank
United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC)
Turks and Caicos Islands Investment Agency
“Development Banking in the Caribbean:
Towards a Regional Approach”
Providenciales, Turks and Caicos IslandsNovember 23-24, 2006
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Investigación y Análisis Financiero SRL
Revised IssueApril 2014
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Aurelio R. SusanoALIDE
Loan Product Development in Financial Development
Institutions – FDI’s
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Agenda
• Loan Product Development Concept
• Latin American FDI’s: Actual Practices
on LPD
• Latin American FDI’s: Loan Products
• Overview on LPD
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Loan Product Development
LPD provides programs for customizing,
improving sales of actual loan portfolio
and also, work out the innovative process
in creating and launching loan products
in the FDI’s markets.
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Latin American FDI’s: Actual Practices on LPD
• Two Models: 1st and 2nd floor banking
• Socio - Cultural Environment on FDI’s
• A new perspective on LPD management
• FDI’s performance: Loan Products
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Latin American FDI’s Loan Products
• Sector Business Loans• Personal Loans• Micro and Small Loans• Educational Loans• Infrastructure Loans• Home Loans• E-Loans
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Overview
Roles and responsibilities from:
• Board of Directors
• LPD Management
• Best Practices on Commercial Work
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Board of Directors (1)
• Corporate values
• Corporate Product Policies
• Market-Product Strategies
• Achieve Supervisory and Regulatory
Compliance
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Board of Directors (2)
• Corporate values• These are the ethical principles that lead the
corporate development for having good business practices
• Corporate Product Policies• It outlines the guidelines for each of the
products, qualities and the respective innovations offer on the market to the satisfaction of the customers
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Board of Directors (3)
• Market-Product Strategies• Modalities of how approach the product
through the market to customers for your satisfaction
• Achieve Supervisory and Regulatory Compliance
• Get with the products on offer respect for the regulations and supervision of financial institutions
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LPD Management (1)
• Corporate Product system
• Front Office as sales-force
• Middle and Back Office Participation
• Performance and Control
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LPD Management (2)
• Corporate Product system
• This system establishes the design and modalities of production of each of the products of the entity offers on the market
• Front Office as sales-force
• Area of the financial institution dedicated to the commercialization of products in order to meet the needs of the customer
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LPD Management (3)
• Middle and Back Office Participation• Administrative and technical support areas to
facilitate the arrival of the products offers to customers by the front office.
• Performance and Control• A set of management tools that administrative
executives uses to the monitoring and achievement of goals on the part of the front office.
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Best Practices on Commercial Work (1)
Objectives and Strategies
Demand Market and Quality
Innovation and Product Engineering
Budgeting and Product Promotions
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Best Practices on Commercial Work (2)
• Objectives and Strategies• Set of purposes and methods of approach of
the product to customers to achieve your satisfaction
• Demand Market and Quality• Usual and potential customers for the
products and their respective quality on the financial institution to be purchased and to obtain so your satisfaction
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Best Practices on Commercial Work (3)
• Innovation and Product Engineering
• The design and construction of products features are due to the requirements of the market for the satisfaction of customers
• Budgeting and Product Promotions
• All launch and promotion of the products is subject to necessary resources required in the market.