← Erudite Africa Center of ExcellenceBank and MFICredit Analysis ProgramLevel 3 · Advanced
Advanced Credit and Portfolio Risk
Level 3: protect the loan book from project appraisal to recovery
Appraise project loans, catch deterioration early, classify, provision and work out problem loans, and steer the whole portfolio under NBE rules.
Start the course
0 of 5 modules completed
What you will be able to do
- Appraise a project loan with NPV, IRR, payback and sensitivity tests, and structure its debt to its cash flow
- Run physical, financial and legal follow-up, read early warning signals and build a watch list
- Classify loans under NBE rules, compute provisions, and design and negotiate a workout package
- Monitor concentration by borrower, related party, sector, product, tenor, region and collateral, and run a simple stress test
- Apply rules on exceptions, deviations, related parties, conflicts of interest and syndication, and lead a committee discussion
- For
- Senior credit analysts, loan follow-up and workout officers, and credit committee members at Ethiopian banks and MFIs, with Level 2 or three or more years in credit analysis.
- Study time
- About 5 hours online, in 5 modules (10 hours in the classroom version)
- Each module
- Short lessons, animated visuals, Ethiopian examples, decisions to make, NBE rules and worked calculations, then a quiz
- Assessment
- A 20-question final exam; pass mark 70%
- Certificate
- Erudite Africa Center of Excellence certificate of completion
- Access
- Module 1 free for registered users; the full course, exam and certificate for subscribers
The 5 modules
- Module 01Free previewProject finance appraisalTest whether a large project earns its cost of capital and whether its debt can be serviced on the proposed terms.6 lessons · 65 min · quiz
- Module 02Early warning signals and loan follow-upCatch deterioration in the first month it shows, through physical, financial and legal follow-up and a disciplined watch list.6 lessons · 60 min · quiz
- Module 03Problem loans: classification, provisioning, workout and recoveryClassify and provision honestly, then choose between rescue and enforcement by comparing what each option will really recover.7 lessons · 70 min · quiz
- Module 04Portfolio management and concentration riskLook past individual loans to the shape of the whole book, and measure concentrations before a single shock hits many loans at once.6 lessons · 60 min · quiz
- Module 05Governance, ethics, exceptions and the integrated capstoneKnow where judgment ends and authority begins, handle conflicts and insider lending correctly, and lead a committee through a hard case.6 lessons · 65 min · quiz
- Officer simulationA month as senior credit risk officer at Bank A head officeWork as senior credit risk and workout officer: 11 real-life items, decisions with consequences and a hand-over note. Pass with 70% to qualify for the certificate.
- Final examFinal exam and certificate20 applied questions across all 5 modules. Pass with 70% to download your certificate.
Built on
- Erudite Africa training module: Level 3: Advanced Credit and Portfolio Risk (October 2026)
- Erudite Africa credit training program overview and Ethiopian-context module (2026)
- A commercial bank's Revised Credit Procedure Manual (2025), unnamed
- NBE directives as listed in the lessons: SBB/87/2024, SBB/88/2024, SBB/89/2024, SBB/90/2024 and SBB/95/2025
- Ethiopian laws: Proclamations No. 97/1998 and 98/1998, Movable Property Security Right Proclamation No. 1147/2019, Financial Reporting Proclamation No. 847/2014
Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.