The National Institute of Banking and Finance (NIBAF) Pakistan organized a specialized training session titled “Generative AI for Banking” at its Karachi campus. The session was led by Mr. Noor Surani and drew participation from officers of the State Bank of Pakistan (SBP) as well as various commercial banks. The objective was to delve into the emerging influence of generative artificial intelligence across financial services and banking operations.
The training focused on how generative AI, a subset of artificial intelligence that involves machines creating content, ideas, or solutions, is poised to transform the financial sector. Participants explored real-world applications of generative AI in areas such as fraud detection, customer service automation, risk modeling, compliance, personalized banking, and decision intelligence.
Mr. Noor Surani, a recognized voice in digital innovation, guided the session with a structured approach that included both theoretical foundations and practical demonstrations. His session emphasized how generative AI tools, including large language models, synthetic data generation, and predictive modeling, are increasingly being adopted by global banks to increase efficiency, accuracy, and scalability in everyday banking tasks.
As Pakistan’s banking system continues to evolve in the face of digital transformation, NIBAF’s training marks a proactive step in aligning financial professionals with technological shifts shaping the global economy. With a growing demand for advanced tools that support faster, smarter decision-making, understanding the capabilities and implications of generative AI is becoming essential for financial institutions aiming to stay competitive and secure.
Participants gained hands-on insights into how AI can assist in generating real-time financial insights, developing automated content for customer communication, and supporting backend operations with greater accuracy. The training also highlighted ethical considerations, regulatory compliance, and data security risks associated with the deployment of AI in sensitive financial environments.
The session further opened up conversations around the integration of generative AI with core banking systems, customer relationship platforms, and risk management frameworks. Given the rapid advancements in this technology, the session urged institutions to begin preparing for AI adoption through upskilling, pilot projects, and strategic planning.
NIBAF, known for its forward-looking capacity-building initiatives, continues to position itself at the intersection of technology and finance. The Generative AI training is part of its broader mission to foster a tech-literate banking workforce that can lead innovation while adhering to best practices and regulatory frameworks.
This initiative aligns with global trends, where central banks and commercial institutions are rapidly exploring AI-driven enhancements to optimize performance, security, and customer experience. The engagement of both SBP and commercial bank officers at this event underscores a collective recognition of the transformative potential of generative AI in Pakistan’s banking ecosystem.
As generative AI continues to evolve, sessions like these will remain critical in equipping stakeholders with the knowledge and tools necessary to harness its full potential responsibly and effectively.