The National Institute of Banking and Finance (NIBAF), the State Bank of Pakistan’s premier training institute, successfully hosted the second day of its specialized training program titled “T-24 Currency and Banking” at its Islamabad Campus. The training spanned two days, from May 29 to May 30, 2025, and was designed to provide in-depth knowledge and practical skills related to the T-24 core banking system and currency operations.
On the second day of the program, Syed Amer, an expert in banking technology and digital financial systems, took the lead in delivering the session. His extensive experience in banking operations and financial software systems made him an ideal facilitator for this highly technical and critical training module. Participants, primarily officers from the State Bank of Pakistan, engaged actively with the material, focusing on the operational intricacies of T-24, a globally recognized core banking platform widely adopted by financial institutions.
The T-24 Currency and Banking program aims to bridge the gap between traditional banking operations and the demands of a modern, digitized financial environment. As Pakistan’s banking sector continues its shift towards advanced technology integration, understanding the functionalities of core banking systems like T-24 becomes increasingly essential for banking professionals. This training equipped officers with the knowledge required to efficiently manage currency operations, transaction processing, and system workflows within the T-24 framework.
Throughout the two-day session, Syed Amer guided participants through various modules, covering key aspects such as system architecture, transaction handling, account management, and reporting features. The training also highlighted the importance of security protocols and compliance requirements embedded within the software to safeguard financial transactions and maintain operational integrity.
Participants were given hands-on opportunities to navigate the T-24 system interface, enabling them to gain practical familiarity with its tools and functionalities. This experiential learning approach helped in solidifying concepts and encouraged active problem-solving among attendees. Additionally, the program facilitated discussions on how T-24 supports broader digital banking initiatives, including real-time processing, integration with fintech services, and customer-centric innovations.
NIBAF’s initiative to conduct such technical training aligns with the State Bank of Pakistan’s broader vision of enhancing operational efficiency and promoting digital transformation within the country’s banking sector. By empowering officers with a robust understanding of core banking systems like T-24, NIBAF plays a crucial role in preparing the workforce to meet evolving challenges and to support Pakistan’s aspirations for a modernized financial ecosystem.
As the financial industry embraces increasing digitalization, the importance of technical proficiency in core banking platforms cannot be overstated. Training sessions led by experienced professionals such as Syed Amer ensure that central bank officers are well-equipped to manage complex banking operations and contribute effectively to institutional goals.
The T-24 Currency and Banking training at NIBAF Islamabad not only enhanced the technical competencies of participants but also reinforced the State Bank’s commitment to continuous learning and innovation within Pakistan’s financial sector.