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Supreme Council of Da Afghanistan Bank Announces Moratorium on Licensing of New Commercial Banks.

Risk Management Department

Introduction

Risk Management Department was established in the first month of 2008 at Central Bank of Afghanistan with a primary responsibility to safeguard DAB assets against any incident and assist supervision department to ensure smooth functioning of the economy. For this purpose, we hired 13 people to provide them risk related trainings inside the country and outside the country including Turkey, Malaysia India, Egypt and Philippine with the financial and technical assistance of these respective countries. Furthermore, we are in a process of hiring 8 more young professionals for the post of risk officers.

Structure

Risk Management Department consist of four sub-department: 1. Credit Risk 2.Operational Risk 3.Market Risk 4.Corporate Governance Risk

What are our objectives?

The main objectives are to safeguard DAB assets and reputation, improve DAB operating performance, improve efficiency by reducing risk exposures, support for the achievement of strategic goal, ensure compliance with regulatory requirements, adopting a collaborative approach in everything we do and promoting effective use of technology to enhance risk assessment. RMD will evaluate, monitor and manage risk routinely as part of its business and management process and in addition ensure the stability of risk management agreements and appropriateness of its attitude to risk and tolerance of risk.

Achievements

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Tell: 00 93 (20) 2104146 Email : info@CentralBank.Gov.Af   Need more contact Click here!