News & Events

BIBM’s Annual Banking Conference 2019 ends

Written by Manager

Monday 2nd December 2019

Dhaka,28 November,2019
The two-day Annual Banking Conference 2019, organized by the Bangladesh Institute of Bank Management (BIBM) at the institute’s premises in Dhaka, concluded on Thursday.
On the First day, Bangladesh Bank Governor Fazle Kabir was present as the chief guests at inaugural session of the conference, while BIBM Director General (DG) Dr. Md. Akhtaruzzaman presented inaugural key note. Professor Dr. Shah Md. Ahsan Habib, Director (Training); BIBM delivered welcome speech. 
Governor Said, evolution of technology, the entire industry has undergone a massive transformation that has changed the way financial procedures are carried out, and the way financial institutions operate. The collaboration between finance and technology has led to a radical change in banking operation and services.

It is very important for banks to demonstrate a good compliance culture to maintain their reputation and win the trust of customers, investors and regulators. Such culture is important for banks to avoid poor conduct and loss of trust. Practically, in the context of international banking, to be in the business, banks have to be complaint. Compliance has business benefits, he added.

He also added, top benefits of complying with stress testing principles include better informed capital planning decisions, and maintaining a forward-looking view of the organization’s risks.  It is also said to be associated with better return on equity of a bank. Technology driven modern banking has brought notable changes in the compliance procedures and reporting styles. Bangladesh Bank has been active in adopting technological changes and bringing comfortable environment for better reporting and improved compliance by the commercial banks of the country.  
A total of 25 research papers were presented in four sessions in two-days Annual Banking Conference. The event brought together banking experts, academics and researchers from both home and abroad. Bangladesh Post, Somoy TV, Arthokhobor and the daily Bonik Barta were media partners for the event.  Aamra networks Limited was internet partner for the event.