AICB-BBC Exam Format | Course Contents | Outline | Syllabus | Objectives

AICB-BBC Exam Syllabus & Study Guide

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The information below reflects the 2026 syllabus defined by AICB.

Below are complete topics detail with latest syllabus and course outline, that will help you good knowledge about exam objectives and topics that you have to prepare. These contents are covered in questions and answers pool of exam.

- An overview of the business lending process - The credit risk function - The importance of the credit risk process, including purpose - Facts verification - Understanding facilities structure - Canons of good lending - Identification of legal borrower and credit bases - Purpose of credit risk analysis process - Credit risk analysis and its components - Industry risk - Types of industries - Industry risk identification - The economic, industry, and product life cycles - Business risk - General characteristics of a business - Risk assessment using the asset conversion cycle framework - Management analysis - Other business risks - Financial statement analysis - Accounting practices - Accounting policies - Components of annual reports - Fundamentals of statement of financial position - Fundamentals of statement of comprehensive income - Financial statement analysis - Characteristics of good financial analysis - Financial analysis techniques - Pre-requisites to financial statement analysis - Financing needs - Critical assessment of the content of audited financial statements - Use of ratios in analysing audited financial statements - Limitations of financial ratios - Critical principles in the use of ratios - Practical aspects of the statement of financial position analysis (analysis of the financial position) - Practical aspects of income statement analysis - Breakeven analysis - Limitations of financial statements - Creative accounting - Asset quality and collateral risk - Cash flow analysis - Analysing cash flows - Cash flow ratios and analysis - Practical aspects of cash flow statement analysis - Limitations of cash flow statement - Consolidated and group financial statements - General principles involved in consolidated financial statements - Basic consolidation of group accounts - Associate companies and investments - Analysis of consolidated financial statements - Main issues in consolidation for review - Checklist for review of consolidated financial statements - Financial reporting and accounting standards - Misrepresentation in the financial reports - Company management and conflict of interest - Accounting standards and their effects - Why creative accounting occurs - MFRS requirements and creative accounting - International accounting scandals - Related party transactions and disclosure - Analysing operating segments - MFRS 8 - Financial forecasting and modelling - Financial forecasting and its uses - Forecasting future business performance for credit risk assessment - Statistical methods for financial forecasting - Developing and projecting the trend of sales revenue using time series analysis - Developing and projecting trends using moving averages - Sustainable growth of a company - Working capital investment growth working capital forecast - Stress testing of financial forecasts - Construction of financial models as tools for quantitative risk assessment - Loan structuring - Objectives of credit facilities structuring - Key credit risk issues in facilities structuring - Process of credit facilities structuring - Determining business funding requirements - Operating cycle: Basis for short-term borrowing needs of the business - Types of short-term credit facilities - Distinction between cash flow and profit projection - Uses of cash flow projection - Capital investment cycle: Basis for long-term borrowing needs of the business - Structuring long-term credit facilities - Financing infrastructure projects - Construction and property-based financing - Transactional (or contract-based) financing - Seasonal financing - Syndicated loans - Credit structure and product risk - Factors affecting the pricing of loan facilities - Covenants in loan documentation - The loan agreement - Drafting appropriate covenants for the loan agreement - Magnitude of credit risk and scope of the covenants - Types of covenants - Events of default - Cross-default / Cross-acceleration provisions - Loan agreement - Segregation of roles within the bank - The bank solicitors' role - The bank's letter of offer - The loan agreement and its content - Conditions precedent and their fulfilment - Event of default - Descriptions and terms of facilities - Security requirements - Legal jurisdiction - Property security and documentation - Property as security - Alienation of land - Importance of land registration - Dealings over land: Transfer, charge, assignment and lien - Types of charges - Land search - Bankruptcy search - Company search - Documentation of a charge - Documentation of a charge under a term loan for the purchase of the shop-office - Documentation and procedure for the purchase of residential property or shop office directly from the developer - Documentation process - Enforcement of a charge - Documentation of the deed of assignment - Procedures to reduce risk in an assignment - Non-property-based forms of security - Debenture - Fixed deposit - Shares and unit trust - Letter of credit - Standby letter of credit - Life assurance as a credit enhancement and support - Tangible goods as security - Assignment of contract proceeds and receivables - Canons of good banking security - Credit support and documentation - Guarantee - Indemnity - Letter of undertaking - Letters of comfort - Letter of awareness - Debt subordination - Loan management - Sources of information - Early warning signs - Components of loan management process in credit risk management - Communication with the borrower - Monitoring facilities utilisation with internal reports - Monitoring with independent external information - Annual review of the borrower's credit facilities - Site visits - Account management periodic review - Classification of impaired loans and financing - Possible delinquent loan situation - Loan rehabilitation and recovery - Why rehabilitate an impaired loan - Loan rescheduling - Loan refinancing - Loan restructuring - Alternatives to loan recall - Business recovery - Corporate restructuring - Financial restructuring - Monitoring a rehabilitated loan - Workout process - Workout framework in a multi-lender situation - Loan recovery function - Common causes of business failure - Covid-19 pandemic - BASEL framework and risk grade - Basel framework - Credit risk and Basel II Accord - Risk grading and expected loss - Pillars of Basel II and their principles - Basel II approaches to operational risk - Shortcomings of Basel II and the Introduction of Basel III