IFRS 9 adoption vital for restoring confidence in the banking sector, say experts

Bangladesh’s banking sector must accelerate the adoption of IFRS 9 to rebuild public trust, strengthen governance, and ensure more accurate loan-loss provisioning, according to experts speaking at a recent financial sector discussion. They noted that inconsistent classification of non-performing loans Read More …

Online Certificate Course in AI & Emerging Technologies in Banking

AI & Emerging Technologies in Banking

Confused by the buzz around AI, RegTech, and blockchain in banking? Smart Online Course, in partnership with the Risk Management Association of India (RMAI) offers Online Certificate Course in AI & Emerging Technologies in Banking. This comprehensive course breaks down complex Read More …

Bank Failures Train Spotlight on Shortcomings in Risk Management

As banks and regulators scurry to respond to the most perilous industry conditions since the 2007-08 financial crisis, experts say one persistent issue needs attention: risk oversight that’s not always up to the job. Board-level risk committees at many banks have neither Read More …

Banking sector at enormous risk of asset-liability mismatch: Pronab Sen

India’s banking sector is faced with the predicament of a “massive asset-liability mismatch” that could explode anytime, adding that there is a need to reassess laws governing the industry, renowned economist Pronab Sen said. Sen said “that explosion” has not Read More …