Page 9 - NIBAF-Training Matters January - June 2023

erated upon. Sessions on Banking
Regulations started with an
overview of financial system & regu-
latory bodies in Pakistan; further
covering, evolution of Prudential
Nazarali Chunara congratulated the Regulations (PRs), its objectives and
trainees on their appointment and formulation process. An overview of
also shared the highlights of the AML/CFT regime, roles of different
EWLI-1 training program including stakeholders, their legal and regula-
its primary objective and overall tory mandates as well as responsi-
structure which aims to introduce bilities of key position holders in
the on-boarded employees to the banking institutions were also
functional spectrum of SBP. covered. Sessions on Commercial
and Islamic Banking included an
The program was structured to overview of financial system, com-
focus on competency based learn- parison of Islamic and conventional
ing through integration of various banking and lending operations.
learning activities; the basic prem- Sessions of team building and emo-
ise being provision of an enabling tional intelligence were conducted
environment for participants to by professional trainers with the
assimilate new knowledge through help of different activities and
creation of guided tasks that may group work to enhance under-
cultivate meaningful learning. standing of individual’s role and
Emerging Women Leadership the professional grooming of the Likewise, important life skills train- expectations as a team player and
Initiative (EWLI) fresh inductees through a carefully ings such as Emotional Intelligence, self-awareness and assessment
designed training aimed at public speaking and diversity and exercises to improve one’s EQ .
With the aim of promoting gender enhancing their knowledge, skills inclusion were carefully punctuated
diversity at SBP, an exemplary step and abilities. The EWLI-1 training throughout the length of program. Besides these training sessions, the
was taken by the senior manage- program was inaugurated on Besides this, prominent figures new inductees were also given the
ment which led to induction of December 12, 2022 by Deputy from different walks of life and opportunity to interact with the top
forty-eight females under the Governor (FI, DFS & IT), Ms. Sima almost the entire top brass of State management of SBP and other
Emerging Women Leaders Initia- Kamil through zoom. During the Bank were invited for evening talks intuitions. Extensive talks were held
tive. This initiative was launched ceremony, Ms. Sima reflected on to reflect on socio-economic affairs, with Mr. Arshad Mahmood Bhatti SME Programs
with the idea of having a signifi- the importance of this induction significant economic develop- -Executive Director- BPRG, Mr. NIBAF organized eighteen programs
cantly positive impact not only on program and encouraged the train- ments in Pakistan, current affairs, EWLI’s training concluded on May State Bank Officers Training excel in their respective areas to Qasim Nawaz-Executive Direc- over the period for different stake-
the local culture of central bank but ees to excel and prosper as SBP will and geo-politics etc. During train- 16, 2023 with a certificate distribu- Scheme (SBOTS-25) further the organization’s strategic tor-HRD, Dr. Ali Chaudhry-Research holders including banks, SMEs and
also have a wider impression across provide them with the best oppor- ing, participants were also given the tion ceremony held in NIBAF goals. Advisor-SBP, Mr. Zafar Masood-
the financial sector as well. On a tunities to grow. Director AC&MFD, opportunity to interact with during with the Managing Director The twenty-fifth batch of the State President of The Bank of Punjab academia.
wider scale, this will help generate a Mr. Noor Ahmed also graced the seasoned subject matter experts NIBAF, Mr. Riaz Nazarali Chunara Bank Officers Training Scheme Over the duration of the training, and Assistant Secretary General of Bankers need good analytical skills
positive and progressive image of occasion with his presence through from central bank as well as com- and Director L&D – Mr. Sajid Ali (SBOTS) comprised of 57 newly training sessions on SBP functions Islamic Financial Services Board. officers on successful completion of real-life problems. Therefore, the to assess customer’s ability &
SBP amongst other central banks. zoom appreciating the efforts of mercial banks. The learning experi- awarded the training completion inducted officers completed the 19 and its subsidiaries, Pakistan Economy, their training program. He shed learning just does not end here ; all willingness to repay prior to
The training program designed for SBP in increasing representation of ence covered a wide breadth of certificates to the newly designated weeks training which commenced Monetary Policy, Banking Regulation, The training also included light on the significance of SBOTS employees are expected to keep
the EWLI-1 is a Management Train- women as well as encouraging the topics ranging from macroeco- Assistant Directors of SBP. The Chief on October 31, 2022 and concluded Commercial Banking, Islamic Bank- outbound learning activities, trips an as being a flagship Management themselves abreast of latest disbursing a loan. Such an assess-
ee Program that shall run over the EWLI-1 participants. Further, Man- nomic policy measures for financial guest for the closing ceremony of on March 20, 2023. The extensive ing, and soft skill training programs exposure visit. In this regard, an Trainee Program of SBP wherein happenings and global practices in ment requires a coherent under-
standing of financials using differ-
course of four and a half months for aging Director NIBAF, Mr. Riaz stability to credit risk management, this induction training program, four-and a half month applied on team building and emotional excursion trip to pipeline track approximately 900 officers have their respective areas of work. In ent techniques which is more
treasury management and trade Mr. Qasim Nawaz Executive Direc- focused theoretical training started intelligence were conducted for the Nathiagali, hiking to Pir Sohawa been hired. Mr. Riaz Nazarali Chunara addition, consideration must also significant in case of extending
operations in commercial banks. To tor-HRD presided over the event with the opening address from Mr. batch. Mr. Abid Qamar, Chief were arranged along with an expo- expressed his heartfelt gratitude to be given to future challenges in the
enhance their writing skills, partici- through zoom and congratulated Riaz Nazarali Chunara, Managing Spokesperson, SBP gave an orien- sure visit to SBP BSC Rawalpindi ED HR for taking out time for partic- wake of rapidly shifting technologi- finance to small enterprises who
pants were also tasked with the batch upon successful comple- Director, NIBAF who welcomed the tation on functions of SBP while office to demonstrate functions of ipation in this ceremony. He cal paradigm particularly owing to generally have inadequate financial
records which warrants adopting
producing a publication with tion of course. He also addressed all participants to the SBP fraternity other senior officers from respec- different counters and latest addressed the participants and emerging Fintechs and block chain creative financial analysis non-financial advisory services etc. to extend liquidity to i
contributions from from all. They the queries and concerns regarding and expressed his delight to see tive subsidiaries shared details of the machines for banknote destruction emphasized that training at NIBAF based technologies. tecniques. NIBAF conducted four NIBAF also conducted two training value chain agents with
were also given the opportunity to their practical training with the representation from all parts of the roles and functions of each subsidi- and sorting. is a lifelong, non-depreciating asset
learn about the functional spec- commercial banks as well their country. He stressed SBP’s belief in ary. Team from Monetary Policy and that would serve as a vital bridge In the end, trainees of the program programs for Relationship Manag- programs on Value Chain Financ- risk and improved credit as
trum of the subsidiaries of SBP placement at SBP. During the cere- high standards of meritocracy and Research Group briefed the partici- The extensive training was completed between academic and largely were awarded certificates of com- ers and Branch Managers on SME ing-Opportunities in SME Banking. ment of the borrower and t
This training provided valuable
improvement
credit

banking to develop their credit
in
firsthand by visiting the SBP-BSC mony, members of EWLI with strives to consistently uphold these pants on the structure and trends with a glorious closing ceremony theoretical studies and rigorous pletion by the management of assessment skills related to SME insights to participants on the payment risk with shifting
Office Rawalpindi. In addition to their inncluding Ms. Mariam Akhtar, Ms. standards which has created a of Pakistan economy and inter-link- held on March 21, 2023 at NIBAF demands of professional life. NIBAF. They were also given souvenir lending. Other important aspects concept, products and business from bi-party (FI-SME) rel
busy training and exams scheduled, Summaya Sharif and Ms. Aimen highly competitive and conducive ages between Real, Financial, Exter- Islamabad. MD-NIBAF, Director-NI- shields for their participation in
recreational trips to Nathia Gali Fazal also shared their journey at work environment. Mr. Chunara nal and Fiscal sectors. Broad BAF and Executive Director Human He expressed his confidence that various extracurricular activities. discussed during the training models under Supply Chain Financ- to a tri-party (FI-anchor-S
Pipeline Trek, Khewra Salt Mines NIBAF. The overall training period of further shared that this training at contours of monetary policy frame- Resources & Services, Mr. Qasim NIBAF has imparted the requisite included identifying potential ing(SCF). It also imparted knowl- relationship that leverages
trade and payment relati
clients and understanding their
edge on SCF assessment and its
and Trekking at Trail-5 as well as EWLI-1 at NIBAF was also beautiful- NIBAF is just the beginning of a work and institutional set up for its Nawaz graced the ceremony with knowledge for further building financing needs, performing credit related risk profiling, leveraging between larger anchor
sports competitions were arranged ly summarized in a video. At the end life-long learning journey as a formulation in Pakistan were also their presence. Mr. Qasim Nawaz upon your respective skills. Mr. Riaz evaluation of SME customers, prac- technological innovation and Agri/SME supplier/distribut
to reinforce that mental as well as of the ceremony, EWLI batch was central banker and a lot of training discussed in detail. Experiences gave an informal address to the shared that on job all officers will be
physical health is a priority at SBP. bid farewell by NIBAF over lunch at opportunities at leading domestic with monetary management, i.e. participants which was followed up required to demonstrate their core tice session on cash flow analysis, advancement. The trainer also
Mariano Restaurant on Murree and foreign institutes shall be both monetary easing and tighten- by a brief Q&A session. He started analytical & critical thinking abilities key considerations in approving discussed significance of techno- New product development and
Expressway. provided as SBP expects its team to ing in recent times were also delib- off by congratulating all the young and apply their skills to solve the SME loans/credit lines, provision of logical integration in the VCF model process innovations
9 Training Matters | January-June 2023

for the growth and sustainability of asm in entrepreneurship ideas strategies and policies. Under the financing. This requires thorough ment Information System (LRMIS), er perspective and how an existing Training Programs on Housing
any business and banking business shared by the trainer and asked Environmental and Social Risk understanding of agri sector and types of charges, personal guaran- customer of bank can be made Finance
is not an exception. There is a need relevant questions related to differ- Management(ESRM) framework, various measures taken by SBP. tees etc. Mr. Adnan Adil, Head Legal, effective by informing him to utilize
to enhance human capacity by ent business ideas, their commer- financial institutions identify E&S EXIM Bank conducted three itera- different modes of easy financing. Housing sector holds its prominence
imparting skills and techniques cialization prospects and seeking risks associated with their clients or NIBAF in collaboration with SBP tions of this programs while Mr. Another special program on Islamic in the economy due to its sizeable
that would help the banking financial support from banks. More investees to minimize the potential has initiated an extensive capacity Nasir Jamil, Area Head, CAD, Bank Agri finance was conducted at portion of production activity,
business tap-in potentials clients by than four hundred students from impacts from such exposure on development program for banks to Alfalah Ltd conducted two itera- Lahore by Mr. Saqib Imran, Head of linkages to land markets, materials,
developing products with peculiar commerce, finance and marketing their lending and investment promote understanding of financ- tions. Both trainers are seasoned Agri banking, Albaraka Bank Limit- tools, durable goods, labor and
features that factor-in the client departments of the two universities portfolios. This reduces the financial ing requirements of the agriculture bankers with over 30 years’ experi- ed. Mr. Saqib has over 25 years of financial markets and hence is a
needs. Keeping in view this import- attended these programs. institutions’ financial liability and sector, equip banks with necessary ence in commercial bank lending. experience in the Agri Finance priority sector warranting focused
ant feature, NIBAF designed a reputational risks arising from E&S tools and techniques for serving the Sector. He explained the topic from efforts for economic uplift. Demand
customized training program on NIBAF also organized a series of issues amid a tightening regulatory subject priority sector more effec- NIBAF conducted three programs the perspective of Islamic Banking of housing units is also burgeoning
Product Development & one-day awareness programs for environment. In addition to tively and efficiently and to extend on Remedial Management in Ideology and shared details of utiliz- yet the sector remains highly
Program-based Lending. An SMEs & banks at Sialkot, Faisalabad, improved management of E&S financing under the SBP conces- Agri-finance during this period at ing shariah compliant modes under-developed and untapped
important part of this program is Rawalpindi, Attock and Chakwal. risks, financial institutions can also sionary finance schemes. Lahore and Multan. Mr. Muhammad including Ijarah and Musharka. The primarily due to lack of mortgage
the discussion on bank business These programs were attended by seize a growing cluster of sustain- Yahya, Head Agri Business, Bank participants asked different ques- products and banks’ financing
models, assessing product feasibili- participants from Chamber of Com- ability business opportunities such During H2FY23, NIBAF organized Alfalah Ltd and Mr. Sarfraz Hussain, tions regarding customer percep- structures besides slack in relevant
ty and hands-on product develop- merce & Industry, Women Cham- as renewable energy and carbon In view of the agreed benefits and Bhd conducted the training and five online programs on Credit Risk Head Business, Bank of Punjab tion for extending Islamic Agri skills and conducive environment.
ment exercises and successful ber of Commerce & Industry, SMEs finance, outperform their competi- in compliance to the global recog- discussed SBP ESRM Manual & its & Security Documentation for conducted the sessions. Both train- Finance.
cases. The program content also including service providers, manu- tors, and attract new capital. nition of ESRM, SBP also issued Implementation, Environmental & agri-officers of banks. The objec- ers have over 28 years of experience In order to develop banks capacity
includes understanding potential facturers and entrepreneurs. NIBAF guidelines on Green Banking in Social Due Diligence (ESDD) procedures tives of this program is to develop in Agri banking. The objective of Two programs were conducted on in the area of mortgage products,
NIBAF conducted five online training
SMEs & their borrowing needs, engaged trainers from SBP, SBP 2017 and a detailed Environmental & processes, Overview of IFC Perfor- understanding of banks’ officials this course is to highlight the signif- Agri Business Risk and Lending programs on housing finance.
elements of program based lend- BSC, SMEDA, BOP and Faysal bank and Social Risk Management mance Standards and Other Inter- regarding credit risk, need of securi- icance of credit monitoring and to Techniques at Sahiwal and Baha- These courses highlight the importance
ing & relationship lending, issues & to share key insights on refinance Implementation Manual (ESRM) in national Standards, Post Transaction tization in agri-lending, legal recognize & evaluate problem loans. walnagar where more than 50 of housing sector, scope of housing
challenges and the processes schemes, SME policies, banking November 2022. Monitoring, ESDD Checklist Exercise concepts of various assets & under- The program also includes discus- participants from different adjoin- financing in Pakistan, concepts of
involved in booking SME loans. products available under Islamic and related Case Studies. So far, lying securities, significance and sion on the causes of default, its ing areas participated. This house mortgages & its types, risk
and conventional modes, financing In order to develop related capacity almost 200 banking officials work- legal aspects of documentation. impact on overall loaning portfolio, program covered different aspect assessment & mitigations, collateral
SBP has launched various refinance procedures & processes. The speak- of banking industry, NIBAF has ing in project finance, corporate, Credit underwriting requires good type of risks & their evaluations in of Agri Finance including risk iden- & security documentation, comparison
schemes to extend concessionary ers discussed and highlighted main been working in collaboration with risk, CAD and Green Banking analytical skills to determine terms of obligors, size and pricing of tification, risk mitigation measured of home loan vs mortgages, marketing
credit besides implementing an features of various subsidized and International Finance Corporation division have been trained under borrower capacity and willingness the loan. Understanding of early for farm/non-farm cedit, sales tech- & sale techniques, challenges &
enabling regulatory framework to credit guarantee schemes specifi- (IFC) to leverage the organization’s the program. to pay; credit officers are required to warning signal, underlying security, niques for attracting farmers and opportunities and SBP regulations.
support growth of SME credit. cally designed by the SBP for SMEs. global knowledge and expertise in thoroughly analyze borrower’s collateral & various guarantees, overview of SBP low cost and regu- Syed Raheel Rizvi, Head of Housing
NIBAF organized four trainings on More than 500 participant attended sustainable finance to support local Training Programs on credit history, visit borrower’s evaluation of repayment flows are lar loan schemes. One of the main Finance, Bank AL Habib along and
SME Regulatory Framework and these programs banks improve their E&S practices, Agri-financing place/business, vet documents to also covered in the program. The aspects of this program is a knowl- Mr. Wasif Hussain, Joint Director, SME,
Refinance Schemes to enhance with a focus on ESRM. NIBAF has establish title genuineness, evalu- participants took active participa- edge sharing session with field Housing & Sustainable Finance
participants’ understanding TOT Programs on Sustainable launched a Training of Trainers Agriculture is an important sector ate loan-size & its purpose, deter- tion in the training program and experts wherein progressive farm- Department conducted these trainings
regarding prudential regulations Banking (TOT) program on ESRM to familiarize of the economy. It contributes mine loan price and duration etc. got clarity on risk assessment and ers, Agri product innovator, farm and shared their views on housing
for SME financing and features of banks with ESRM practices that are significantly towards the national The officials are also expected to remedial management. machine modernization consul- finance risks and deliberated on
SBP’s subsidized refinance & credit Sustainable financing is gaining compliant with the Green Banking income, provides employment have a clear understanding of types tants, cattle farmers etc. are invited current housing finance schemes &
guarantee schemes. The partici- more traction around the globe Guidelines (GBGs), IFC Performance opportunities to a sizeable work- of assets/properties, their nature A special program on Agri Finance to share their experience of farming regulatory direction. During these
pants took keen interest in these with investors increasingly demanding Standards, and other Pakistan force and ensures food security for and characteristics, legal attributes was conducted at Sukkur for during the session. Mr. Yahya sessions, discussion was also held
programs by asking questions on environment friendly products regulations. Through this capaci- the masses. Increased demand of and legal entitlement to constitute enhancing the capacity of commer- Hameed, Head of Agri Business, on earlier Government Low-cost
different aspects of SBP schemes across all industries. The financial ty-building training, participants agri-produce and availability of security/collateral. This training cial bankers from Baluchistan and Bank Alfalah Ltd conducted both Housing Schemes and banking
and clarification on various PRs. The industry, under guidance and drive learn to develop an Environmental innovative farming techniques is program is designed to provide a Sindh. The two day program was the programs and shared his exper- products on housing finance to
trainers explained the importance from the financial sector supervi- and Social Management System creating lucrative opportunities for comprehensive understanding of specially designed to promote Agri tise using examples from his own highlight the importance of the
of these schemes, their key features sors, is also considering Environ- (ESMS) that places significant the banks to tap potential of this credit risk, documents required for finance in province of Baluchistan experiences in agri credit product sector and effects of discontinua-
and business potential for banks. mental, Social, and Governance emphasis on a bank’s E&S policy segment and direct agri credit to loan disbursement, assessment of and Sindh. The lead trainer of the development and lending. tion of subsidy scheme.
(ESG) aspects while devising their and capacity as well as procedures innovative borrowers. SBP is also revenue documents, related Acts, program was from HBL while
Two awareness programs on entre- for identifying, assessing, manag- taking various initiatives and mea- Articles & Clauses, passbook & its senior officers from Agri finance
preneurship skill development ing, monitoring, and reporting E&S sures to promote agriculture attributes, Land Record Manage- departments of other banks also
were conducted at Punjab Universi- risks and performing the Environ- participated to share their experi-
ty, Lahore and Shaheed Benazir mental and Social Due Diligence ences. Mr. Azam, JD ,AC&FID also
Bhutto Women University, Pesha- (ESDD), which encompasses identi- shed light on significance and
war. These sessions focused on fication and assessment of a importance of Agri finance and also
providing an overview of SBP project’s E&S risks as well as share key features of the different
schemes to promote SME financ- proposed mitigation measures in Agri schemes that can utilized for
ing, global and local entrepreneur- the form of an environmental and low cost mechanism and hence
ship business strategies and social action plan. promotion of the Agri Sector.
success stories and the role and
importance of National Incubation NIBAF conducted an iteration of A program on Agri Value Chain was
Centers as a platform for students the ToT from June 19-20, 2023 at conducted at Hyderabad. Mr.
to discuss and polish innovative NIBAF-Lahore. Dr. Afifa Raihana, Shahrukh, Head Agri, Bank Islami
ideas and further steer them towards Senior Environmental Specialist, Pakistan Ltd conducted the train-
establishing viable businesses. The IFC and Desiree Nathan, Managing ing and explained agri financing
participants showed great enthusi- Partner, EeHSSE Consulting Sdn from grower perspective to produc-