Today is the last date of registration for JAIBP . Get yourself registered !
Examinations for Summer 2012 are expected to commence from May 21st, 2012. Detailed, confirmed schedule will be available in the coming months.
Also those who have done JAIBP there is comprehensive exam for you against which you would get
Chartered Banker Certification.
Here are some details about comprehensive exam I found on IBP website,
Comprehensive bridge exam is for those candidates who have successfully completed their JAIBP program and would like to get Chartered Banker certification and become eligible for use of Associate Chartered Banker title.
Eligibility:
All those who are registered in the ISQ program and have completed their Junior Associateship with IBP are eligible.
Those candidates who are either currently enrolled for the AIBP program or have completed the AIBP program are also eligible.
Exam Structure:
The comprehensive exam will have an objective and subjective section which will cover all the areas of the compulsory subjects of the current JAIBP curriculum. Each section will be tested separately and will span over 3 hours. The structure is expected to be as under:
Registration and Exam Schedule:
Registration for the Comprehensive exam is from January 2012 and will remain open till March, 2012. Last date of registration for comprehensive exam is 31st March, 2012.
Comprehensive exam is expected to be held on the 3rdSunday of June 2012.
Registration and Exam Fee:
The fee for the Comprehensive Exam will be: PKR 7,500 payable to the Institute of Bankers, Pakistan in the form of a pay order or demand draft.
On passing the exam, membership fee with Chartered Banker Institute as an Associate Chartered Banker will be GBP 30, payable to the Chartered Banker Institute.
Syllabus Coverage:
The exam will cover the topics from the JAIBP compulsory courses. For a summary outline on each course please visit www.ibp.org.pk
For detailed course information, please refer to the course Syllabus Guide available on IBP website
Candidates are advised to study at higher cognitive levels. The exam is expected to test deeper understanding and application levels for the syllabus identified.
Showing posts with label State Bank of Pakistan. Show all posts
Showing posts with label State Bank of Pakistan. Show all posts
Tuesday, March 6, 2012
Thursday, May 5, 2011
IBP Should Modernize itself !
Now is the era of e-learning, and IBP being an organization aimed to educate bankers professionally should keep pace along-with the coming technologies. Institute of Bankers Pakistan should launch e-books version of all its publications which should be available for download or they should use their website to launch some e-learning programs. There is a dire need of a discussion forum of IBP where all the examinees can share their experiences, can post their questions, can get their papers solved with the help of others and can discuss various matters. Such an online platform would definitely boost the access to banking information but would also help the examinees to interact with each other more effectively.
Now a days all bankers are well equipped with the computer and internet knowledge and would definitely use such online resources to educate themselves. Recently, IBP has launched their website which give it a refreshing look, but the material in the website is almost the same. They should also focus on website development by introducing some other options.
Here comes a point in mind that IBP is avoiding such steps to keep reaping the revenue it gets from the training workshops, sales of books etc. But in my view they can also earn from such resources by introducing advertisements of various banks on their websites, they can promote their workshops more effectively and there is always a room to generate revenue from such activities.
I strongly recommend IBP to think upon such latest avenues of training and they should plan to launch such facilities in future.
Now a days all bankers are well equipped with the computer and internet knowledge and would definitely use such online resources to educate themselves. Recently, IBP has launched their website which give it a refreshing look, but the material in the website is almost the same. They should also focus on website development by introducing some other options.
Here comes a point in mind that IBP is avoiding such steps to keep reaping the revenue it gets from the training workshops, sales of books etc. But in my view they can also earn from such resources by introducing advertisements of various banks on their websites, they can promote their workshops more effectively and there is always a room to generate revenue from such activities.
I strongly recommend IBP to think upon such latest avenues of training and they should plan to launch such facilities in future.
Some Movies Bankers should see !
Below are some moview which I found very interesting especially as a banker !
Catch Me if You can !
The Bank Job
ENRON - The Smartest Guys in the Room
Wall Street - Money Never Sleeps
Oceans Eleven
But those who are preparing for the Institute of Bankers Pakistan J.A.I.B.P exams, I should mention that these movies would help you very little is taking your exam. So please focus on your preparation and you can always watch these movies after the exams.
And the first one is must watch for Bankers !
Enjoy !
Catch Me if You can !
The Bank Job
ENRON - The Smartest Guys in the Room
Wall Street - Money Never Sleeps
Oceans Eleven
But those who are preparing for the Institute of Bankers Pakistan J.A.I.B.P exams, I should mention that these movies would help you very little is taking your exam. So please focus on your preparation and you can always watch these movies after the exams.
And the first one is must watch for Bankers !
Enjoy !
Friday, April 15, 2011
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 !
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 !
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