Moody’s Analytics and the Bangladesh Institute of Bank Management (BIBM) to Provide Commercial Credit and SME Certifications in Bangladesh
NEWS | For Immediate Release
NEW YORK, December 05, 2018 – Moody's Analytics and the Bangladesh Institute of Bank Management (BIBM) based in Dhaka, Bangladesh, announced their collaboration to provide Commercial Credit and Small and Medium-sized Enterprise (SME) certifications to financial professionals in Bangladesh. The initiative aims to bring globally recognized credit certifications to Bangladesh’s financial industry, developed by combining the BIBM local market knowledge with the expertise in credit assessment and risk management of Moody's Analytics.
On the announcement, Dr. Toufic Ahmad Choudhury, the Director General of BIBM, said, "Our collaboration with Moody's Analytics will provide Bangladesh’s banks and financial institutions with a robust understanding of both international and domestic best practices in credit assessment. We are confident Moody’s Analytics and BIBM will equip Bangladesh’s bankers with expertise to operate effectively within the context of Bangladesh’s financial industry.”
Left to Right: Ari Lehavi, Executive Director of Learning Solutions at Moody’s Analytics, Dr. Toufic Ahmad Choudhury, Director General of BIBM and Dr. Shah Md. Ahsan Habib, Director of Training at BIBM
Ari Lehavi, Executive Director of Learning Solutions at Moody's Analytics, said "Moody’s Analytics has extensive experience providing financial education to banking, insurance, and capital markets professionals. We are honored to collaborate with BIBM and look forward to a long-lasting relationship with an institute that shares our commitment to excellence in financial services education.”
Moody’s Analytics will work with BIBM officials and leading industry experts to adapt the Moody's-BIBM Certificate in Commercial Credit (CICC) and Moody's-BIBM Certificate in SME Credit (CISMEC) to Bangladesh’s financial services industry. The CICC and CISMEC certify that professionals have achieved the highest standard of proficiency in credit assessment.
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About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit www.moodysanalytics.com.
Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO). MCO reported revenue of $4.2 billion in 2017, employs approximately 12,600 people worldwide and maintains a presence in 42 countries.
About Bangladesh Institute of Bank Management
BIBM is the national Training, Research, Consultancy and Education institute on banking and finance collectively owned by all banks that are in operation in the country. Registered under the Societies Act 1860, BIBM was established in 1974 with an initial primary focus of providing training to the officials of banks and financial institutions of Bangladesh in order to strengthen and update their skills. Since then more and more banks are setting up their own training institutes to handle a significant part of their own objective based training needs, particularly those of their junior level officials. Currently, BIBM is engaged in offering training to the mid and senior level executives of banks. Over the years, BIBM has modified its training activities and broadened its operation to cover other areas of activities such as providing education in the form of Certification Programs; Joint Certification Program with Frankfurt School of Finance and Management, Germany, degree of Masters in Bank Management (MBM) and Evening MBM (EMBM), carrying out research in banking & finance, holding seminars and roundtable discussions, offering training and research related consultancy services or aiding the banks in their recruitment. Further information about BIBM is available www.bibm.org.bd.