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Managing Director & CEO Of Modhumoti Bank Limited Md Mizanur Rahman and Managing Director of Credit Raing Agency of Bangladesh Limited(CRAB) Hamidul Huq exchanging documents after signing an agreement on behalf of their respective organisations in the city recently, Under the deal, CRAB will provide credit rating service to Modhumoti Bank.
Eminent economist and a member of the Rating Committee of Credit Rating Agency of Bangladesh Ltd (CRAB), Professor Muzaffar Ahmad passed away on 22 May 2012. Tuesday. CRAB directors, rating committee members and employees express deep grief at this sad demise and pray to the Almighty for the salvation of his departed soul. Mr. Ahmad joined the Rating Committee of CRAB in 2004.
Mr. Ahmad was an economist, teacher, social and environmental activist. He remained active in establishing good governance and raising a social movement against corruption and preventing degradation of the environment. He is author of a number of books and articles at home and abroad.
Professor Muzaffar received his Ph.D. from the University of Chicago in 1965. The former director of Dhaka University’s Institute of Business Administration, Prof Muzaffar was awarded Ekushey Padak in 2008.
Mr. Ahmad was also chairman of the Transparency International Bangladesh and president of Sushashoner Jonno Nagarik commonly known as Sujon that promotes good governance.
In order to enhance the capacity of banking professionals, CRAB, the leading rating agency of the country organized a Technical Workshop on “Bank Profitability vs Capital Management – Basel II & III perspective” at Agrabad Hotel, Chittagong, which was participated by around 200 banking professionals of most of the banks in Chittagonj region. The approach was practical, focusing on the implications of the framework on pricing, deal structuring, profitability and ultimately, competitiveness.
Mr. Hamidul Huq, Managing Director of CRAB inaugurated the session. Mr. Mohammad Masum Kamal Bhuiyan, General Manager, Bangladesh Bank, Chittagong presented his paper on Basel I & II implementation in Bangladesh.
Mr. Bhuiyan said that the implementation of Basel 2 in Bangladesh Banking sector has strengthened the Credit risk management as well as promoted increased transparency.
Mr. Mohammed Tajul Islam, Vice President and Head of Ratings was the title presenter. By attending the workshop, the participants gain an understanding of the concept of Economic capital, Expected and Unexpected Losses; the concept of RAROC/RORAC and its impact on pricing, business decisions and (active) credit portfolio management; and the practical implications of the new Accord in terms of pricing and profitability of business lines and individual transactions.
Mr. H S Sohrawardhi, Sr. Vice President and Mr. Khalid Hossin, Head of Business Development, of CRAB were present. Senior officials later participated in a open discussion session.
Photo caption:Participants in the CRAB arranged training program on BASEL II for FIs
CRAB arranged training workshop on “Risk Management and BASEL II for Financial Institutions (FIs)”
Credit Rating Agency of Bangladesh Limited (CRAB) organised a day long Training Workshop on “Risk Management and BASEL II for Financial Institutions (FIs)” at Pan Pacific Sonargaon Hotel, Dhaka on Saturday, 28 May 2011. Mr. Mohammed Tajul Islam, VP & Head of Ratings of CRAB was the Facilitator of the training program. The training session covered overview of BASEL II, calculation of credit risk, market risk and operational risk with live example, profitability and loan pricing under BASEL II, designing ICCAP and capital management under BASEL II/ Pillar II, road to internal based approach and implementation challenges and credit risk assessment methodologies.
Mr. Hamidul Huq, Managing Director of CRAB inaugurated the training highlighting the importance of understanding the BASEL II requirements for the financial institutions in making investment and operational decisions. Around 45 senior executives of the financial institutions participated in the training through an interactive discussion sessions.