Page 6 - NIBAF-Training Matters January - March 2022

Micro financing is an important as-
pect of the economy and contrib-
utes significantly in inclusive eco-
nomic growth & development. Mi-
crofinance Banks (MFBs) have
played an important role in provid-
ing need-based financing and in-
ducing small businesses.

Customized programs on
Sales techniques & Govern-
ment’s Markup Subsidy
Scheme in Lahore &
Hyderabad

SBP encourages MFBs to expand
their financial outreach by extend- one in Lahore & the other in Hyder- understanding is crucial for lend-
ers, particularly in micro lending.
abad during the quarter. Senior Mi-
ing ‘Tier 0’ financing facilities to crofinance bankers attended the Hence, NIBAF organized two train-
marginalized segments residing in programs in both cities. The pro- ing programs on Risk Management
rural and peri-urban areas under gram is primarily designed to dis- and Credit Initiation Techniques for
‘Government’s Markup Subsidy cuss the potential of housing sector officials of Microfinance banks at
Scheme’. Keeping in view the across Pakistan and promote gov- Gilgit and another online training
SBP’s Vision to promote housing fi- ernment schemes in housing sec- during the quarter.
nance through MFBs and the re- tor. The subject specialists shared Participants learnt risk assessment
sultant need of MFBs to develop ex- their insights and experience on the in the light of SBP regulations and
pertise in the area, NIBAF orga- potential of the micro industry, as banks’ credit manual.
nized multiple training programs
during the quarter. well as the requirements for secu-
rity documentation and how banks
As per NIBAF’s assessment, ca- can mitigate their risks.
pacity building was required in ar-
eas including mortgage documen-
tation, creating and perfecting lien Trainings on Risk Manage-
in rural areas, regulatory aspects ment and Credit Initiation
and other important elements of Techniques at Gilgit and
housing finance. NIBAF conducted online
two customized training programs The course also deliberated on
on Sale-techniques & Govern- Risk assessment and mitigation is credit products, appraisal tech-
ment’s Markup Subsidy Scheme, an important consideration in lend- niques & documentations, early
ing decisions and hence thorough warning systems, required docu-
ments for risk evaluations etc. Dis-
cussions on different case studies
pertaining to risk assessment and
mitigation further enhanced under-
standing level of the participants.