Banking industry in Nepal has rapidly grown in last decade. With the growth and expansion the industry has faced acute shortage of skill amongst its existing pool of human capital. Lack of proper curricula, untrained trainers and absence of training knowhow in the industry led to huge knowledge gap within its human capital. To address this NBI ran industry wide survey and rounds of meetings with top executives, HR heads and regulators.
The increasing trend of market risk has brought pressure on the banks management to maintain a good balance in profitability and long term-viability. Due to these pressures the banks need to plan their corporate strategy for decision making on a dynamic and integrated risk management system & process. The aim of the Assets Liability Management function would be to enforce risk management procedures and managing the business by assessing the risks involved.
· International Trends and Best Practices in Market Risk
Banks frauds have seen a significant increase in Nepalese Banking Industry in recent days. There is a pressing need to revamp process towards identifying, monitoring, control, reporting and mitigation of frauds. In order to address these issues, National Banking Institute is organizing one day National Conference on Financial Fraud on March 11, 2015 for banks and financial institutions in Nepal focusing on Financing Fraud.
