Eskhata Bank approved the status of one of the best!

Eskhata Bank approved the status of one of the best!

From March 27 to 31, within partnership project of the National Bank of Tajikistan and the Savings Banks Fund for International Cooperation of Germany, in the NBT training center there was held an interbank competition called the "Cup of Banks" for strategic management in the bank.

Five teams from five leading banks of Tajikistan – Eskhata Bank, Amonatbank, First Micro Financial Bank, Kazkommerzbank and Access Bank of Tajikistan. They took part in that competition, which had the main goal of increasing skills of strategic management among senior and middle managers of the banking sector. The event covered such spheres, as:

  • Designing the bank's development strategy and monitoring tools;
  • Adoption of decisions on important issues of the bank's operational activities in a competitive environment;
  • Analysis of banking and market financial information;
  • Understanding principles and interrelations between works of the bank, trends of economic development and competition;
  • The bank's compliance with capital adequacy standards and liquidity management;
  • Decision-making on the cost and growth rates of the portfolio of attracted and allocated resources;
  • Understanding the principles of human resource management;

The participants demonstrated their knowledge by presenting a conditionally developed program for annual separate balance sheet using the example of their bank. Eskhata Bank team consisted of Zarif Razykov - head of the Corporate Business Department, Furkat Hasanov - director of the bank's branch in Dushanbe, Olim Miraliyev - head of the reporting and analysis department, Maksudjon Komilov - head of the credit risk management, and Akbarjon Mamadzhonov - senior economist. As a result, they took the first place, winning this cup with their knowledge and professionalism.

It should be noted that in the competitive process between the five teams - the team of the Eskhata Bank was able to ensure a good and effective use of the managerial process in accordance with the current requirements and on the basis of existing resources, presenting the best program among all teams of the competition.

The victory in a new direction – it once again confirms the status of Eskhata Bank, as one of the best banks in the country!

In conclusion, organizers of the contest wished the teams every success, further prosperity and application of the developed program in practice. They also announced that in the future, the "Cup of Banks" competition would become a tradition, because the competition is able to strengthen the professional skills of employees of financial institutions and the development of the banking system as a whole.

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