Page 28 - NIBAF-Training Matters April-June 2021
P. 28
NIBAF Lahore
NIBAF-Lahore has
successfully aligned its course
offerings to the needs of the
market. Over the preceding
quarter, new programs were
designed to fulfill industry
needs arising from regulatory
changes and to match SBP
priorities, repeat iterations of
existing programs were also
conducted to meet the Khan, Joint Director-BC&CPD covered an overview of Credit
demand from the market and along with Mr. Ilyas Jabbar Bureau/Registry system, its
customized programs have (Sr.JD). Director BC&CPD-Mr. purpose, objective and Value
been offered to address Asif Mahmood also shared his to lenders, legal Framework
specific needs of individual views with the participants on for eCIB & Private Credit
institutions. recent important updates. Bureaus , difference between
The quality of Data reported This session was attended by Public (eCIB) & Private Credit
by financial institutions under 38 participants comprising Bureaus, importance of data
the Credit Information Senior Managers, Compliance quality & major issues in eCIB
Bureau (eCIB) remains a top and Credit Administration reported data, steps to
priority for SBP as the data is Heads, Heads of Operations & improve data quality &
used both by SBP for Business Development, VPs guidelines for quality data,
supervisory purposes and for and AVPs of ten banks. The proper disclosure to
FIs for their credit decision- second iteration was customers, infrastructure and
making. To ensure quality conducted on May 25, 2021 backups, and future
data reporting in eCIB, and was attended by developments. Another
specific instructions were participants from Compliance, related session was
issued in Feb, 2021 and a Credit Administration, conducted on the Legal &
master circular consolidating internal audit, marketing and Regulatory Framework and
all instructions on eCIB were e-CIB officers of FIs. In both Functioning of Private
circulated to FIs in June-2021. the sessions there was Credit Bureaus on June-9-
NIBAF-Lahore conducted two comprehensive coverage of 2021 by Mr. Asif Mahmood,
session on e-CIB Reporting material that were logically Director, BC&CPD-SBP. 15
over the quarter. The first presented for a holistic participants were updated on
session was conducted on understanding of areas including registry vs
April 12-2021 by Mr. Sajid participants. The trainer Private Credit Bureaus, their
Training Matters! – April – June, 2021 28
