Offsite Surveillance

An international workshop on ‘Off-site Surveillance’ was conducted by the RBI during March 4-7, 2008. The representatives of Central Banks of SAARC nations, among others, were also invited.


Basle II Implementation in South Asia

The State Bank of Pakistan (SBP) organized a seminar on “BASEL II Implementation in South Asia” under the aegis of SAARCFINANCE, during June 26-28, 2008, at National Institute of Banking and Finance (NIBAF), Islamabad. The Executive Director, SBP, while inaugurating the seminar as Chief Guest, highlighted the significance of the initiatives taken by State Bank of Pakistan regarding the implementation of Basel II which are likely to strengthen the banking sector besides providing financial stability in the country. Looking forward, he expressed hope that such Forums would provide an opportunity in helping strengthen the banking system in South Asia. Prior to the Speech of Chief Guest, Kazi Abdul Muktadir, Managing Director, NIBAF offered the Opening Remarks while Mr. Ayub-ul-Hasan, SAARCFINANCE Coordinator, State Bank of Pakistan presented the vote of thanks.

Delegates from the member Central Banks including Afghanistan, Bangladesh, India, Nepal, Maldives, Sri Lanka and Pakistan attended the seminar. Besides lectures/presentations on the subject by the renowned scholars from Bank for International Settlements (BIS) and the U.S. Treasury, participating delegates also presented the Country Papers with a view to sharing their respective experiences as well as to generate a meaningful dialogue on the subject matter.

In addition to knowledge-sharing during the seminar, which is one of the prime objectives behind creation of the SAARCFINANCE Network, participants were provided with the opportunity to have a closer look at the cultural and historical heritage of Pakistan. In this regard, participants’ feedback was encouraging. They expressed satisfaction about knowledge of the speakers, the hospitality and the arrangements of the State Bank of Pakistan.