NIBAF International Courses – FY 2019-20

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Course Title: 50th International Central Banking Course

Duration & Schedule March 02-20, 2020 (3-weeks)

Deadline for Application January 17, 2020

Venue NIBAF, Islamabad

Course Description This course aims to enhance understanding of the participants regarding central bank’s operation, latest developments and emerging issues faced by central banks around the world. The course covers core functions of central bank along with macro-economic framework and policy perspective of macro-economic modeling. It also deliberates on supervisory and regulatory role of the central bank with particular emphasis on financial stability, inclusion and growth. Besides these, AML/CFT related guidelines, structural adjustment and general economic/financial issues would also be covered.

Course content

Macroeconomic framework and Global Economic Developments; Structural adjustment & stabilization programs;

Monetary policy by central bank; Exchange rate, reserve management & treasury operations;

Payment and settlement system: cross border payments & anti money laundering;

Foreign exchange market, money market, debt instruments and open market operations;

Balance of payment and international capital flows; Financial sector reforms & central banks role in financial stability;

Debt management; Financial crisis & risk management;

Banking supervision, regulation; Merger & acquisition and corporate governance.

Target Audience Mid- to senior-level officials from central bank/monetary authority and ministry of finance, who are involved in monetary policy formulation, central banking, financial sector supervision/regulation and conducting research used in the design and implementation of macroeconomic policy.

Pre-Requisites Participants should have a degree in economics or finance or equivalent work experience, good quantitative skills, and proficiency in the use of computer to analyze data and to make country presentation.

NIBAF International Courses – FY 2019-20

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Course Title: 47th International Commercial Banking Course

Duration & Schedule March 02-20, 2019 (3-weeks)

Deadline for Application January 17, 2020

Venue NIBAF, Islamabad.

Course Description: This course is designed to provide participants with interactive exposure to commercial bank’s operation in the light of emerging global financial environment/standards. In particular, the course highlights the importance of central bank supervision and regulation of financial institutions. The course also discusses risk-based supervision standards, corporate governance, foreign trade finance, financial market structure & instruments, treasury management, new capital adequacy framework/Basel Accord etc. This course also provides a forum to participants of different regulatory agencies to exchange views on their experiences in micro and macro-prudential policies including emerging challenges and issues.

Course content

Role of banking in economic development; Banking operations - products & services

Lending & investment operations; Credit management and asset quality appraisal;

Foreign trade finance; Treasury management;

Structure of the financial systems, markets & instruments; Foreign exchange market operations;

Non-conventional/Islamic banking & finance; Central and commercial bank relationships/ regulatory framework;

AML/CFT; Management of banks failures and risks;

New capital adequacy/BASEL-II & III; Globalization of financial services & financial innovations.

Target Audience Mid- to senior-level officials in commercial banks/ financial institutions.

Pre-Requisites Participants should have a degree in accounting, finance, banking, business, economics, or equivalent work experience, good quantitative skills, and familiar with the topics to be covered in the course and to make country presentation.

NIBAF International Courses – FY 2019-20

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Course Title: 4th English Language Course for Central Asian Republics (CARs) only

Duration & Schedule February 10-28, 2020 (3-weeks) Deadline for Application January 03, 2020 Venue NIBAF, Islamabad Course Description: The course aims at enriching English language proficiency of participants by developing and

sharpening their knowledge and skills in structural English. This program would help them express and

articulate their thoughts and ideas in coherent manner. In particular, the training focuses on improving skills in

business communication, presentation and public speaking.

Methodology:

The training methodology involves presentations, lectures, individual and group exercises, and discussions. The focus will be on implementing the main

techniques and tools, where applicable.

Prerequisites:

The course is designed for middle level officers of central banks/financial institutions and various government institutions/organizations who have at

least 3 years of working experience and belong to the Central Asian Republics (CARs) countries of Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan,

Turkmenistan and Azerbaijan.

End of Course Activities:

Participants would be required to make a country presentation.

NIBAF International Courses – FY 2019-20

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Application Process / Administrative Details

All applicants are required to send duly filled application form contained in the brochure. The form can also be downloaded from NIBAF website

www.nibaf.gov.pk Applicants are required to complete all necessary formalities mentioned in the form and submit it along with 06 passport sized photographs and a copy of passport (with at least 6-month validity). Applicants are advised to strictly observe the deadlines for applying to any of the selected course. Kindly email a scanned copy of duly filled form to

ptapteam@sbp.org.pk Selected applicants will receive an acknowledgment/confirmation in due course. Visa Selected candidates will be intimated to approach the relevant Pakistan Embassy /High Commission in their country in order to complete all necessary formalities in time, and obtain visa for the entire duration of the course. Applicant would bear the applicable visa fee. Facilities

PTAP Nominee Self-Finance Applicant

Selected candidate would be provided with free return economy class air ticket upon receiving the acceptance for attending the course.

Free boarding and lodging at NIBAF for the entire period of the course.

Free participation in study tours/ weekend trips.

Free airport transfers in Islamabad.

Participation fee is US$ 5,500 per head.

Applicants have to arrange for their return ticket themselves after receiving the acceptance letter from NIBAF

The course fee including cost of boarding and lodging at NIBAF for the entire period of the course; tuition fee and cost of study materials, inland study tours/weekend trips, airport transfers in Islamabad.

Health

The selected applicant is required to get the Medical Certificate (attached) signed by a practicing doctor in their country, counter verified by the nominating officer/agency.

NIBAF International Courses – FY 2019-20

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The applicant should check with the Pakistan Embassy /High Commission in the respective country, for specific health requirements for traveling to Pakistan.

The applicant must fulfill international health standards for traveling into Pakistan, otherwise they may face health screening at international airports. In case of being quarantined by health authorities at either of the airports, charges/cost involved, if any, for the same will be paid by the participant/nominating institutions.

Travel boarding and lodging

Participants must ensure to check-in at NIBAF one day before the course begins.

Participants are required to intimate NIBAF about their travel itinerary in advance by email, enabling us to arrange pick/drop facility upon arrival at Islamabad International Airport.

Airline baggage standards may be followed to avoid problem of excess baggage at airports.

Local Laws

Use of liquor/drugs is strictly prohibited in Pakistan. Participants are required to observe local rules, regulations and cultural norms during their stay.

Participants should bring 6 passport size photographs for registration with local authorities in Pakistan and keep copies of valid passports handy at all times during their stay.

Currency exchanges are easily accessible from NIBAF, US dollar and Euro are accepted international currencies.

Special Requirements

In case of any special needs or requirements (e.g. dietary needs), please inform us while applying for the course so that we can accommodate any such needs as fully as possible.

Dress Code

Formal business attire is recommended for class room training, official reception; photograph and during meetings with executives.

The climate generally varies throughout the country, characterized by hot summers from April to September and cold winters spanning from October to March (occasional rains). Since air-conditioning inside NIBAF training halls is very effective, it is advised to dress up accordingly.

Working Hours The normal working hours for all training programs are from 9.00 a.m. to 5.00 p.m. All participants are expected to be present for the entire duration of the class, and should not, therefore, engage in any other extra-curricular assignments/appointments during the class timings.

NIBAF International Courses – FY 2019-20

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Study Tour

Apart from class room training a study cum observation tour is arranged to various cities of Pakistan during which visits to financial & government

institutions besides places of cultural/ historical importance are planned.

Payment for Self Finance Participants The application forms contained in this brochure are applicable for candidates who wish to apply on self-finance basis and/or organizations sponsoring one or more candidates for participation in the courses. All payments can be made by bank draft payable to the below mentioned:

Payment - Self Finance Participants

National Institute of Banking and Finance Account-496501, SBP BSC (BANK), State Bank of Pakistan, Islamabad, Pakistan

or

Through electronic transfer SWIFT Code: SBPPPKKA, State Bank of Pakistan, Karachi PK