Saturday, September 19, 2009

Keep your JAIBP result cards in your record !

Because recently a friend of mine was surprised when after two times taking the stage-II exams he was informed by IBP that he has only passed one exam in Stage-I. Although he passed two subjects and he received the result card showing that he has passed two subjects (But poor guy didn't bothered to keep the result card and roll number slips) and the Institue is saying that he never passed more than one subject.

Here I want to mention a rule of IBP that you can not take exmas of Stage-II untill you pass atleast two subjects of Stage-I and you can't appear in stage -III if you have any pending subject in stage-I.

So you all out there ! be careful and keep your result letters untill you get the degree.

An Overview of Banking Industry in Pakistan - Mid 2009

On the below mentioned link you can find a very good report on the Banking Industry in Pakistan, published by PACRA.


This report gives you an overview of the industry with the help of Grahs and Charts and you can get an idea very quickly without digging out complex text and reviews.



http://docs.google.com/fileview?id=0B26cFeYyZ30UYjQyYTYxYWItY2IxZi00ODE4LWEzMGQtMmRlMDI1ZWFhODRj&hl=en

You Can Feel the recession !!!


Well ! if you can't then this means you have no feelings !


After a lot of Buzz on the whole globe we can see some significant effects of recession in Pakistani Economy especially on Financial Institutions and Banking Sector. FIs and Banks are now on a proactive stance and management is concentrating on cutting down the expenses and keeping the current position if not aiming for growth.


In reality its a hard time for both management and employees. SBP is pushing hard banks to maintains the Capital Adequacy Ration (CAR) in order to safeguard the interest of depositors, because these are the situations which could trigger a sheepwalk among the depositors even upon a rumor in the market. And such rumors are not only dangerous for individual institution but also for the whole industry. Therefore, by maintaining Capital Adequacy Ration SBP make sure that bank management has enough stake in business and they will never gonna lose their share !


Alongwith that SBP is also focusing on the portfolio health of Banks and FIs and trying to reduce the NPLs. Although, in current recession such NPLs are unavoidable and the can be said a normal thing. Or you can say that there woul be a natural percentage of NPLs in the market.

I read somewhere this quote that "if you don't have any bad loans this means that you are not lending !" So one should try and prepare to minimize these NPLs by adopting latest Risk Management techniques.


Businesses are in pressure, slow activity, high prices, political and economics conditions are adding to this recession. Government is not very much interested in tackling this recession or becoming proactive but they are concentrating more on getting aid and being paid to fight the war. But no matter how much you will get to fight the war , its always bad for economy in the end.