Page 27 - NIBAF-Training Matters January - March 2022

Amjad, DD, S&DWHD to guide re- Non-Resident Shareholders were Face-to-Face Trainings for
porting officers of banks on the discussed in detail. Participants ap-
new/revised data formats. Almost preciated conducting a session on Remote areas of Balochistan

120 bankers attended the three iter- this topic and also requested for NBAF-Quetta launched the first series of
ations of this course. regular trainings to be conducted in Face-to-Face trainings for remote areas
the area. of Balochistan. In the first phase trainings
Regulatory Framework for on Legal and Regulatory requirements in
Commercial Remittances Basics of Trade Finance- Account Opening and AML/CFT were con-
Products, Documentation ducted at Chaman, Khuzdar and Sibbi from
Another online session on Com- and Risk Mitigation Feb 09-15, 2022.
mercial Remittances was con-
ducted on Feb 23, 2022 by Mr. Abid In order to build basic understand-
Nazir, Joint Director, Exchange Pol- ing of common terms used in trade
icy Department, SBP. During the finance, a foundation-level course
session, regulatory instructions on ‘Basics of Trade Finance-Prod-
and requirements for processing ucts, Documentation and Risk Miti-
requests acquisition of Services gation’ was conducted for trade of-
from Abroad, payments of Roy- ficers of banks. Mr. Salim Thobani
alty/Franchise and Technical Ser- with almost 22 years of experience
vice Fees, Business Processes in trade operations and compliance
Outsourcing (BPO) for Non-Core explained the components of Trade
Activities, Technical & Consultancy Finance and the various products
Services/Engagement of Foreign of Trade Finance including Letter of
Technicians, remittances in respect Credit, Advance Payments, Con-
of Information Technology Sector tract /Collections, PAD/FATR/FIM, Awareness session on Islamic
and Digital Service Provider Com- Export Refinance within a regula- Banking for Sardar Bahadur Khan
panies, remittance of Profits/Head tory perspective. Womens’ University-Quetta
Office Expenses/Winding up Pro-
ceeds and payment of Dividend to An awareness session on Islamic Banking
was a conducted online for students/faculty
of Commerce Department of Sardar Bahadur
Khan Womens’ University-Quetta on March
30, 2022. The session was delivered jointly
by Mr. Ghulam Shabbir, Senior Joint Direc-
tor, Islamic Banking Department, SBP and
Mr. Abu Bakar, Shariah Scholar for almost 80
participants. Further details will be referred to
Islamic Banking Program’s Section.