Follow up Meeting with DAB to address Credit Issues
Date: September 24, 2017
In order to address member banks credit problems, ABA conducted a follow up meeting with First Deputy Governor DAB (H.E. Mr. Wahedullah Nosher) in ABA on September 24, 2017. The main objective of this meeting was to pursue below points, what was previously submitted to DAB for reform and consideration.
Points:
1. Asset Concentration
2. Asset Classification
3. Overdraft Mandatory Cleanup
4. Rescheduled and restructured credit
5. Property evaluators
6. Provisioning
7. Exposures
8. Public Credit Registry
The meeting was attended by H.E. First Deputy Governor DAB, Mr. Abbas Deputy Financial Supervision DAB, ABA Chairman, Vice Chairman, Board Members, the banks CEOs and ABA Executive Director (Mr. Najibullah Amiri).
The meeting was chaired by H.E. First Deputy Governor.
During the meeting, H.E. was asked by ABA on progress of the credit points submitted to DAB for amendments.
H.E. First Deputy Governor updated member banks on favorable amendments made by DAB on Asset clarification, overdraft mandatory cleanup and other regulations, based on banks demands. The final draft of amendments will shared with ABA and finally with DAB supreme Council for approval. The regulation will bring positive changes encourage lending, promote banks and other business growth. Mr. Najibullah Amiri thanked H.E. for joining the meeting in ABA Office and extended sincere regards to DAB for supporting ABA and the banking sector.
At the end, H.E. Deputy Governor DAB received a souvenir from ABA Executive Director in rewards to H.E. contribution with ABA.
