ABA Arranges Meeting with DAB on Credit
date: June 13, 2017
To address credit challenges of ABA’s member banks, Afghanistan Banks Association (ABA) organized a meeting with Da Afghanistan Bank (Central Bank) on June 13, 2017. The meeting was attended by H.E. First Deputy Governor DAB Mr. Wahidullah Nosher, Mr. Salim Salah, Director General, Financial Supervision Department, Other High officials from FSD, DAB, Mr. Najibullah Amiri Executive Director ABA and ABA’s Credit Standing Committee Members attended. The meeting was chaired by H.E. First Deputy Governor and the agenda points focused on mitigation of problems related to credit portfolio of banks.
Mr. Najibullah updated H.E. on ABA initiative for formation of ABA’s credit committee who are professional experienced in order to work toward improvement of the credit scenario of banking sector in Afghanistan. Subsequently, a comprehensive presentation on below topics was delivered by Mr. Kumar Gosh, Chairperson of ABA Credit Standing Committee.
1. Overdraft Mandatory Clean up
2. Rescheduled and restructured credit
3. Property evaluators
4. Asset Classification
7. Public Credit Registry
8. Asset Concentration
The concerned points in the above-mentioned issues were discussed in details by ABA’s Credit Committee- DAB, and finally H.E. stated that, DAB welcomes banks optimum suggestions all the time. H.E. further added that the justified comments will be reviewed and presented to the executive board for consideration.