FAISALABAD National Institute of Banking and Finance (NIBAF) is playing a major role to provide highly trained manpower for the banking sector of Pakistan as well as other regional countries, said Allahuddin Achakzai, Senior Joint Director and Training Manager (NIBF).
He was addressing the participants of 44th International Commercial Banking Course in Faisalabad Chamber of Commerce and Industry (FCCI) here. He underlined the economic importance of Faisalabad and said that commercial banks are part and parcel of the economic growth. He said that under training bankers from different countries will have an opportunity to directly interact with the business tycoons of Faisalabad who are making export and dealing with various commercial banks of different countries. This visit will also help them to fully understand the economic importance of Faisalabad and its linkages with the commercial banks; he said and added that this practical knowledge will help them to introduce qualitative as well as quantitative improvements in their concerned banks.
Earlier in his address of welcome, Rana Sikandar Azam senior vice president Faisalabad Chamber of Commerce and Industry welcomed the foreign delegates and said that NIBAF is extending best services to the bankers hailing from different countries. He appreciated the approach of NIBAF that has arranged special study tours for delegates in addition to arranging theoretic lectures and presentations. He said that Faisalabad is ‘Textile Hub’ of Pakistan. Out of the total exports of Pakistan, the contribution of textile sector is $12billion and out of it, Faisalabad is contributing $6billion. He said that the textile sector is also providing jobs to 38% workforce of Pakistan. He particularly thanked Deputy Chief Manager State Bank of Pakistan (SBP) Miss Fouzia Aslam, who arranged this meeting which will be beneficial for both local exporters and bankers from different countries.
Miss Fouzia Aslam in her brief address appreciated the hospitality of FCCI, who is always cooperative in arranging special sittings for the participants of different banking course in NIBAF.
