Valor Kup 2015-Regional banking competition

Valor Kup was organized from 30 November to 3 December at Hotel Majestic in Belgrade. Participants of this regional banking competition were running Cesim Bank simulation with the goal to develop business skills and to experience work in a competitive environment that is realistic but also liberated risk. The main idea is that people learn best by doing and applying and participants were able to experience potential of business simulation used by modern financial institutions.

 Through Cesim Bank simulation, participants had the opportunity to gain knowledge of front and back office functions of the bank, as well as in-depth understanding of their interactions and connections and all that within a competitive business environment - markets. In this way, simulation of banking business contributes to creating a corporate culture that is based on a holistic approach - consideration of the organization as a whole.

 There were two prizes awarded - for the best individual achievement and for the best bank. The winner in the first category is Aleksandra Milosevic from Alpha Bank Serbia, while the Sparkasse Bank Macedonia has made the best group result.

Participants’ impressions:

Getting to know that the final result of the Bank’s business also equally depends from other segments of the banking business, and not just from sectors to which we belong – an attitude learned on the way.
Dusan Zunic (Erste Bank AD Podgorica)

All lectures were very well designed and brilliantly presented to the participants. In addition, topics were explained by trainers who are great experts in that area.
Milos Nestorovic (Alpha Bank Serbia)

The advantage of this simulation are lectures presented by trainers that have a lot of practical experience. It was very effective to see how certain decisions are affecting the Bank's business, profitability in different market conditions.
Merima Isakovic (Raiffeisen Bank dd BiH)

Read more about the simulation here.