MACM director general addresses Belgian credit managers in Antwerp

Josef Busuttil, director general of the Malta Association of Credit Management, recently delivered a presentation to the Belgian credit managers in Antwerp.

His presentation focused on the international credit crunch and its effect on the Mediterranean region with emphasis on Italy, Greece, Cyprus and Malta.

He also enlightened the delegates with innovative credit management strategies that would help creditors to differentiate themselves from the competition and to build long-term customer relationship in order to secure sound cash flow and ensure long-term profit.

The congress was organised by the Belgian Credit Management Institute at the University of Antwerp.

Other speakers included Ivan Van De Cloot, chief economist, Itinera Institute; Raphaël Cecchi, risk analyst, Delcredere; and Deva Rangarajan, professor at Vlerick Leuven Gent Management School. Topics discussed during the Belgian congress included the world credit crisis, country risk assessment, the effect of the credit crunch and the importance of synergy between sales and the credit functions.

The Malta Association of Credit Management is a not-for-profit organisation providing a central national organisation for the promotion and protection of all credit interest pertaining to Maltese businesses.