Proper asset liability in banking sector stressed

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BSS, Rajshahi :
Speakers at a discussion in Rajshahi said proper and transparent asset liability management is very important in the banking sector for its successful operation.
To this end, the branch managers should acquire appropriate knowledge on this issue so that they can manage their branch level asset liabilities effectively.
The observation came at the closing and certificate-giving ceremony of a three-day training course titled “Asset Liability Management” organized for 54 branch managers of Rajshahi Krishi Unnayan Bank (RAKUB) held at its training institute Thursday.
In phases, all 376 branch managers of the bank will be brought under the course, the officials concerned said.
RAKUB Managing Director Mufazzal Hossain and General Manager (Rajshahi division) Abdul Khaleque Khan addressed the session as chief and special guest respectively with Institute Principal Mozammel Haque in the chair.
The chief guest said success of a branch is largely dependent on proper asset liability management. So, each of the branch managers should take the responsibility of enhancing performing asset through critical analysis of his or her branch’s asset liability condition.
He also urged them to adopt proper plan for building accurate fund management to reduce the existing non-performing asset.
Mofazzal Hossain viewed that their bank will sure attain success through proper implementation of its guideline and asked the participating managers to perform their duties with utmost sincerity and honesty for successful implementation of the annual work plan.
“We have no way but to earn operating profit as early as possible,” he said adding that the branch managers should have to play pivotal role to attain the cherished goal.

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