News & Events

Review Workshop on ‘Regulatory Reporting Requirements for Banks’ held at BIBM

Written by Manager

Wednesday 24th July 2019

Press Release
Dhaka, 22 July, 2019:
A half day long Review Workshop was held at the Bangladesh Institute of Bank Management (BIBM) on 22 July, 2019, in its auditorium.  Md. Nazimuddin, Executive Director of Bangladesh Bank and Director General of BIBM delivered welcome address. Professor Barkat-e-Khuda, BIBM Muzaffer Ahmed Chair Professor & Former  Professor of Dhaka University Chaired the Program. 
A paper titled ‘Regulatory Reporting Requirements for Banks’  was presented in the Review Workshop by Dr. Shah Md. Ahsan Habib, Professor & Director (Training) of BIBM. Other members of the research team are Nehal Ahmed, Professor, BIBM; Tofayel Ahmed, Assistant Professor, BIBM; Md. Arifuzzaman,Deputy General Manager of Bangladesh Bank; A S Shahabuddin, Deputy General Manager of Bangladesh Bank, Mohammad Anisur Rahman, Deputy General Manager of Bangladesh Bank; Kamal Hossain, Deputy General Manager of Bangladesh Bank and Mohammad Saiful Islam, Joint Director of Bangladesh Bank.

A good number of participants including senior bank executives, academicians, media representatives, faculty members of BIBM took part in the Review Workshop.
According to the BIBM study, Quality and capable bank executives should be placed for pursuing such vital roles. Thus, with the introduction of new set of compliance rules and new regulatory requirements, there must be arrangement for due capacity development of the bankers. Training and and capacity development institutes especially Bangladesh Bank Training Academy (BBTA) and BIBM may be engaged in the process to play roles. BBTA or BIBM may organize joint training program with the concerned department of Bangladesh Bank following the introduction of a new regulatory reporting and compliance requirement. Top Management  and broad of banks should also be brought under capacity development programs for better enforcement.
S.M. Moniruzzaman,  Chairman of BIBM Executive Committee and Deputy Governor of Bangladesh Bank was present in the roundtable as the chief guest. Helal Ahmed Chowdhury, Supernumerary Professor of BIBM & Former Managing Director of Pubali Bank Limited; Yasin Ali, Former Supernumerary Professor of BIBM; Muklesur Rahman, Managing Director & CEO of Shimanto Bank Limited; Faruq Mainuddin Ahmed, Managing Director & CEO of Trust Bank Limited spoke among others at the event.
Deputy Governor said, regulatory reporting requirements increased significantly over the years to generate accurate reports in a timely manner globally and locally. It is also mentionable that greater compliance and regulatory reporting requirements brought notable changes in terms of complexities, high cost and consumption of business hour of the bank executives. 

He also said, regulatory reports are collected for several purposes and bank regulators require different types of reports that may be categorized under different dimensions. By analyzing the reported data, BB conducts its monitoring and supervision; identify and address problems; prepare Balance of Payment; formulate monetary and other policies; assess the financial health of the banking sector as a whole and conduct research for publications he added.
Director General of BIBM said, output of the study along with opinions and observations made today will help BB to take future actions.
Barkat-e-Khuda, BIBM Muzaffer Ahmed Chair Professor & Former  Professor of Dhaka University said, we need to work together for getting expected results for our financial sector. I hope the deliberation of this review workshop will be very helpful for all concerned. I also expect that researchers will incorporate the suggestions and comments while finalizing the paper.  


Members of the Institute

  • Bangladesh Bank
  • Sonali Bank Limited
  • Janata Bank Limited
  • Agrani Bank Limited
  • Rupali Bank Limited
  • Pubali Bank Limited
  • Uttara Bank Limited
  • Bangladesh Krishi Bank
  • Bangladesh Development Bank Limited
  • AB Bank Limited
  • National Bank Limited
  • Eastern Bank Limited
  • United Commercial Bank Limited
  • Islami Bank Bangladesh Limited
  • IFIC Bank Limited
  • Rajshahi Krishi Unnayan Bank
  • Standard Chartered Bank
  • Dutch-Bangla Bank Limited
  • Mercantile Bank Limited
  • ONE Bank Limited
  • Al-Arafah Islami Bank Limited
  • National Credit and Commerce Bank Limited
  • Trust Bank Limited
  • Southeast Bank Limited
  • Social Islami Bank Limited
  • The Hongkong and Shanghai Banking Corporation Limited
  • Standard Bank Limited
  • Export Import Bank of Bangladesh Limited
  • Mutual Trust Bank Limited
  • BASIC Bank Limited
  • Jamuna Bank Limited
  • Bank Asia Limited
  • First Security Islami Bank Limited
  • The City Bank Limited
  • Prime Bank Limited
  • Dhaka Bank Limited
  • Investment Corporation of Bangladesh
  • Bangladesh Commerce Bank Limited
  • BRAC Bank Limited
  • The Premier Bank Limited
  • Shahjalal Islami Bank Limited
  • State Bank of India
  • Habib Bank Limited
  • Commercial Bank of Ceylon PLC
  • Bank Alfalah Limited
  • Citibank, N.A.
  • National Bank of Pakistan
  • South Bangla Agriculture and Commerce  Bank Limited
  • Meghna Bank Limited
  • Woori Bank
  • NRB Commercial Bank Limited
  • Union Bank Limited
  • The Farmers Bank Limited
  • NRB Bank Limited
  • Shimanto Bank Limited
  • Bangladesh House Building Finance Corporation
  • Non Member NBFI