Getting IBP Books without visiting their centers !

As Registration for upcoming Winter exam is going on with Sep 20, 2011 most of the new examinees have this question in mind that how to get Institute of Bankers Pakistan (IBP) books without visiting their centers.

Institute of Bankers Pakistan (IBP) offers various reference books for their examinees to help them prepare for the exams. These books are well written and are available on a very reasonable price. You can find the list of all reference books on the following link

ISQ Reference Books http://www.ibp.org.pk/isq_books.aspx

These books are available at their Head office ,

The Institute of Bankers Pakistan
 Moulvi Tamizuddin Khan Road, Karachi - 74200, Pakistan
 Phones : (92-21) 35680783- 35689718- 35694244 - 35694247
 Fax: (92-21) 35683805 - 35222416


Books can also be purchased from their local offices. Compete address of their local offices can be found through the following link,

Institute of Bankers Pakistan IBP Centers Address http://www.ibp.org.pk/location.aspx



It is better that you visit their centers to purchase your desired book, but sometimes there is shortage of books on IBP local centres or due to our busy routines we do not get time to visit their centres in-person; in that case write a simple letter containing details about the requisite books (ISQ Reference Books http://www.ibp.org.pk/isq_books.aspx) to Institute of Bankers Pakistan (IBP) along-with a demand draft containing the price amount of that book plus courier charges (Rs. 100 for every book checked from IBP on Sep 20, 2011) and Institute of Bankers Pakistan (IBP) will send the requested books on your mentioned address. To get latest details and procedure about reference books you can email on  publications@ibp.org.pk

Beside those reference books published by Institute of Bankers Pakistan (IBP) I would highly encourage the Institute of Bankers Pakistan (IBP) examinees to use the reference e-books I have posted on my blog. Those books are free to download and they are very good for reference purposes. It is very easy to carry and share them and also you can search the required topic with in few seconds.

Plan it, Prepare it and give out your best ! you will surely succeed !

I wish you all good luck !

Question : What is meat by secured and unsecured Exposure ?

"What is meat by secured and unsecured Exposure. Mention facilities that are counted as exposure"


Its another question asked by an examinee, for such questions it is recommended that you should go through prudential regulations (PRs) of State Bank of Pakistan. PRs covers all such topics which are defined by SBP as a guideline provided to the banks and DFIs. 


PRs are available here  http://www.sbp.org.pk/publications/prudential/index.htm

I reproduce hereunder the definition from SME PRs of SBP ,


___________________________________________


 Exposure means financing facilities whether fund based and/or non-fund based and include:
s
i) Any form of financing facility extended or bills purchased/ discounted  except ones drawn against the L/Cs of banks/DFIs rated at least ‘A’ by 3 Standard & Poor, Moody’s,  Fitch-Ibca, Japan Credit Rating Agency
(JCRA) or credit rating agency on the approved panel of State Bank of  Pakistan and duly accepted by such L/C issuing banks/DFIs.
ii) Any financing facility extended or bills purchased/discounted on the  guarantee of the person.
iii) Subscription to or investment in shares, Participation Term Certificates,  Term Finance Certificates or any other Commercial Paper by whatever name called (at book value) issued or guaranteed by the persons.
iv) Credit facilities extended through corporate cards.
v) Any financing obligation undertaken on behalf of the person under a  letter of credit including a stand-by letter of credit, or similar instrument.
vi) Loan repayment financial guarantees issued on behalf of the person.
vii) Any obligations undertaken on behalf of the person under any other
guarantees including underwriting commitments.
viii) Acceptance/endorsements made on account.
ix) Any other liability assumed on behalf of the client to advance funds pursuant to a contractual commitment

Source : http://www.sbp.org.pk/publications/prudential/PRs-SMEs.pdf

_________________________________

The above definition is a comprehensive one and cover all kinds of exposures, but commonly speaking we can say that exposure means the risk a bank have taken upon a customer.That can be in shape of any banking facility whether funded or non-funded.

Exposure is also considered as the amount of risk after netting off the securities we have against those facilities. For example, if we have provided a loan to a client against a Property having a Forced Sale Value of Rs. 1.000 Million and the amount of loan is 1.500 Million then we have a net exposure of Rs. 0.500 Million because if situation arises or in worst case scenario we can only recover Rs. 1.000 Million by selling that property and the remaining amount of loan is at risk.

So, going back to where we started the second part of the question gives you a hint that you have to write down some facilities as defined in PRs considered as exposure. And the person who had gone through the Prudential Regulations of State Bank of Pakistan can only give the proper answer of this question.

Don't take PRs light, our whole banking depends upon these regulations. Go through them and study them well ! This knowledge would be helpful in exam as well as in practical banking field.

Wish you good luck !