COURSE ON STRESS TESTING FOR BANKING
Among the major responsibilities of the Bank of Tanzania is to supervise banking institutions to ensure soundness and stability of the financial system that contributes to the growth of the national economy. Stress testing is a critical tool used by banking institutions as part of their internal risk management and capital planning. Stress testing also is a key component of the supervisory assessment process that assists supervisors in identifying vulnerabilities and evaluate banking institutions’ capital adequacy.
The Bank of Tanzania, in fulfilling its regulatory and supervisory roles, conducts quarterly stress testing of the banking sector. The Bank, when conducting stress testing focuses on the key risks which are credit, market and liquidity. The results of stress testing might be used to cause certain directives to banking institutions, which have failed the stress test. In this regard, the Bank of Tanzania Training Institute, in collaboration with the Directorate of Banking Supervision, has organized the training on stress testing for banking institutions.
OBJECTIVE OF THE COURSE
The objective of this course is to share with banking institutions methods and the Stress Test Model developed by the Bank for uniformity, comparability and compliance. Moreover, this course is aimed at enhancing staff of banking institutions’ knowledge and skills on stress testing. Also, to engage senior management of banking institutions and guide them to appreciate any supervisory action, which might be prescribed by the Bank following the results of the stress testing.
Senior and Middle level officers in the banking institutions who are involved in credit, market, liquidity risks or overall risk management of their institutions.
CONTENTS OF THE COURSE
SCHEDULED DATE AND DURATION
1 week: 2nd – 6th May 2016
Bank of Tanzania, Directorate of Banking Supervision
Since this is a hands-on training, each participant is required bring his /her own laptop. The Bank of Tanzania will be obliged to provide connectivity.
Bank of Tanzania Head Office, Dar es Salaam
Fee for each participant is TZS. 750,000/= covering tuition, course materials, lunch and mid-session refreshments (tea/coffee & Snacks). Participants will be responsible for their travel costs and upkeep.
MODE OF PAYMENT
1.Bank Transfer through TISS to the following bank details
Transferee Bank: Bank of Tanzania
Account Number: 9944713006
Account Name: Course Fees
2.Bankers cheque : Payee - The Principal, Bank of Tanzania Training Institute
3.Cash at the venue
HOW TO APPLY
Send a letter, fax, e-mail or make a phone call to the below-mentioned contact addresses. The course will involve a limited number of 25 participants only. The first come first served principle will apply. Applications should reach us at least (two) 2 working days before commencement of the course.
Bank of Tanzania Training Institute,
P.O. Box 131, Capri-Point,
MWANZA – TANZANIA
Tel: +255 (28) 2500709, 2500983, 2500982, Fax: +255 (28) 2500984, 2503395, 2503380