ISET Policy Institute started cooperation with TBC Bank on a series of training programs the aim of which is to introduce the Banks employees to the advanced statistics and data analysis methods.
The first training round started in June 2013 and covered mathematical modeling, statistics and spreadsheet analysis. The program focused on the analytical challenges TBC Bank staff encounter in their daily routines, enabling them to perform forecasting, optimization and simulation tasks. The program consisted of three modules, delivered over a 4-week period in TBC bank premises. Three 2-hour classes were delivered every week for a total of 24 hours of instruction.
Supported by the German development organization, GIZ (Deutsche Gesellschaft fur Internationale Zusammenarbeit), ISET-PI conducted a training program to participants from Georgian government organizations, the national bank, and think tanks.
The training program introduced participants to modern statistical and econometric methods and the statistical software package, STATA. These methods will be useful to the participants in their research and related activities.
After the great success in preparing and delivering the Young Bankers training program for ProCredit Bank Georgia, a new training program for senior bank staff was developed and conducted in Tbilisi and Batumi in 2012.
Three different groups participated in the program. These three groups consisted of employees from two departments - The Medium Loans Assessment Department and Corporate Client Service Department.
In this particular program, four modules were incorporated: General Microeconomics; General Macroeconomics; Banking and Data Analysis
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