Everton forward Steven Naismith remains in limbo while he is injured but manager Roberto Martinez admits a decision to leave lies with the Scotland international. “The promise was we would review it in the next window and see how he is. Steven is in a position where he hasn’t played as much as he would have liked as a senior player. “It’s very much in the player’s hands to be able to make the right call.” Everton are hopeful they can tie up a deal for Leeds academy graduate Byram after agreeing terms with the Sky Bet Championship club. “There’s been an initial approach but from there, for having conclusive news for our fans, is a long gap still,” said Martinez. “We don’t do things quickly or panicky. If there’s any signing to be made, he has to be the right character, the right addition and that will always be the case. “At the moment we have to be very careful. I don’t enjoy the window clashing with important games. “Leeds have important games now and we have important games.” Three days after their goalless draw at Manchester City Everton head to Stamford Bridge to face a Chelsea side whom they beat 3-1 – thanks to a Naismith hat-trick – back in October when Jose Mourinho was still in charge. Guus Hiddink is now in temporary charge and despite some indifferent results all season Martinez is still wary. “Chelsea are a team full of winning footballers,” he added. “”Remember that they won the Premier League last season and that wasn’t long ago. So the quality is there and they have players that in one second can produce a moment of magic.” However, it was allowed to stay on the table and despite Swansea caretaker boss Alan Curtis expressing an interest this week it appears the Canaries are the only one to come up with a definitive offer. An ankle problem has kept Naismith out of the squad recently but Martinez has not ruled out him leaving before the end of the month. “There has been no approach (from Swansea). There has been another Premier League club that has made a lot of progress in that respect,” he said. “Everything is more or less agreed in terms of a possible transfer. “At the moment the priority is to see Steven fully fit and available and then probably we will have a sit down and decide the next step.” Asked whether the decision was now the player’s, Martinez added: “It is up to a point but it has to be right for everyone. “We are open to the Steven Naismith situation because in the last days of the previous window it’s an open secret Steven wanted to know about his future, and at that time we couldn’t replace him and it wasn’t right to do that. “That’s been there since day one on January 1. It’s never been a question of welcoming approaches and offers, it’s making sure we sit down with the player and he’s clear with the next step of his career. Press Association While the Toffees boss continues to try to strengthen his squad by bringing in Leeds full-back Sam Byram, for whom the club had a £5million offer accepted on Thursday, he is almost resigned to the departure of Naismith. The 29-year-old has made just five starts this season – the last in mid-October – and the club received a bid for him from Norwich in the last transfer window but it came too late for Everton to find a replacement and so was rejected.
Facebook Twitter Google+ Published on May 5, 2015 at 12:50 pm Contact Chris: firstname.lastname@example.org | @ChrisLibonati Five-star Syracuse target Tyus Battle will make his official visit to SU on May 22-May 24, according to Adam Zagoria of SNY.tv. He is ranked No. 10 in the Class of 2016 in Scout.com’s rankings.The small forward will also take an official visit to Michigan this month and has visited Duke and Louisville, according to Zagoria. SU head coach Jim Boeheim and assistant coach Mike Hopkins have also visited Battle, The Post-Standard reported.“I’d like to see him get this over with by June,” Gary Battle, the recruit’s father, told The Post-Standard. “Tyus is undecided on that.”Battle can still take one more official visit and will choose between Kentucky, Connecticut or Ohio State for that visit, according to The Post-Standard.The Orange has already received a verbal commitment from Matthew Moyer, a power forward in the Class of 2016. He is ranked No. 61 overall in the class and No. 11 at his position, according to Scout.AdvertisementThis is placeholder text Comments
Russell Westbrook was one of the goats March 2 when his Oklahoma City Thunder team led the Clippers by 17 points entering the fourth quarter at Staples Center, before the Clippers came back and won by five.He more than made up for that by coming through with an incredible triple-double in OKC’s 120-108 victory over the Clippers on Wednesday in Oklahoma City.Westbrook had 25 points, 20 assists and 11 rebounds to become the first player since the Lakers’ Magic Johnson in 1988 to have a triple-double consisting of at least 25 points, 20 assists and 10 rebounds.Clippers coach Doc Rivers and a couple of his key players, however, intimated their lack of defense is why the Thunder won the game. Newsroom GuidelinesNews TipsContact UsReport an Error “They played a great game,” he said. “They played a great 48 minutes. Even when we would make a run, they would always respond. They got off to a great start — 39 points in the first quarter is unacceptable. We’ve been a good defensive team, but we were just awful tonight.”All that said, Rivers made sure he gave Westbrook his due. Sort of, anyway.“He was great,” Rivers said. “I mean, he didn’t have a lot of resistance though, you know? We were sending him certain ways and there was nobody there to help. But he still has to do it and you can do half the league and play with wrong coverage and they still can’t get those numbers, so give Westbrook credit.”Killed on the boardsIt didn’t help that the Clippers (41-22) were outrebounded 52-29. DeAndre Jordan, who entered averaging 14.1 rebounds, led the Clippers with only seven. The Clippers were again without Blake Griffin as well as forward Luc Mbah a Moute (lacerated eyelid).“It was a factor,” Rivers said of OKC’s size. “I thought their movement, their energy and their execution was better though, and that’s why they got a lot of rebounds. We were in the wrong place a lot, so it was tough to watch.”Scouting the KnicksThe Knicks (27-39) earlier this season appeared like they had a decent shot to make the playoffs, but they have fallen on hard times. They were 22-22 after an overtime victory over Utah on Jan. 20. They have since gone 5-17 to fall out of realistic postseason contention.New York is led by small forward Carmelo Anthony. He’s averaging 21.8 points, 8.0 rebounds and 4.2 assists — all team-highs. “I thought our defense overall from the tip was bad,” said Rivers, whose team hosts the New York Knicks at 7:30 p.m. Friday at Staples Center. “One of the rare games where we just didn’t establish ourselves defensively, I thought it bled over to our offense, so give them credit.“I thought they moved the ball, they trusted their offense the entire game, made the extra passes, but I just thought we were horrible defensively tonight. It happens.”Point guard Chris Paul concurred.“We gave up 39 (points) the first quarter, 60-something (64) in the first half,” he said. “We just never impacted the game defensively. I feel like Russ (Westbrook) went wherever he wanted to go, and that’s on me. But we’ve got to be better.”Shooting guard J.J. Redick gave his take.
All B&H football teams in the future will wear the equipment by the German sporting goods manufacturer Adidas.Portal reprezentacija.ba unofficially learned that preliminary agreements on cooperation between Adidas and the B&H football team took place in Innsbruck, Austria during a visit of the delegation of the German company. Today the agreement was formally confirmed in Sarajevo.20 days ago, a delegation of the Italian manufacturer Legea visited Sarajevo, with whom the NSBiH has an agreement until the end of May this year, but it seems that the offer of Adidas was more favorable. Adidas equips the three best teams in the world-Spain, Germany and Argentina, as well as the European and world club champions Bayern from Munich. The ‘Dragons’ will wear Adidas jerseys at the World Championship in Brazil.(Source: Fena)
4. Go Broncosâ€¦Â Today, my Broncos, are playing in the Super Bowl. I would just like to remind you of a prediction I made before the playoff began (see column here). I had a few games wrong, but my Denver over Seattle Super Bowl prediction is still intact. The weather is good in New York, as I predicted, and it could end just as I predicted with a Peyton Manning to Wes Welker touchdown in the final minute.And my prediction that Manning might go another three to five yearsâ€¦ well, that might materialize as well.Then again, I could be wrong. 5. Quinn’s thoughtsâ€¦Quinn McCueBack by popular demand, here’s Quinnâ€¦.1. Last week at school I made a song about turkey on ryeâ€¦â€¦ I’m normal.2. That same week I made a song about a cow fishâ€¦ #totally normal!3. Shout out to my buds at cross fit.4. I think the Seahawks will win today. Sorry Dad.5. Another shout out to Kylie Aufdengarten. If you didn’t know it her birthday is soon or alreadyâ€¦ I’m just the best friend ever, huh? (Quinn said sarcastically). Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (12) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. +8 Vote up Vote down Teacher · 340 weeks ago Speaking on behalf of all teachers…”walk a day in our shoes”… Report Reply 0 replies · active 340 weeks ago -2 Vote up Vote down anonymous · 340 weeks ago Cue, not to burst your bubble since you do “go out on a limb” now and then, but… uhh… Denver getting to the super bowl wasn’t exactly a swami-type feat of prognostication. About like predicting what will happen when tractor-trailer meets volkswagen beetle. Bass vs earthworm, rottweiler vs pork chop, etc. Heh. Report Reply 0 replies · active 340 weeks ago -1 Vote up Vote down Jim · 340 weeks ago High School football players should be next to join a union, they DESERVE and are OWED a minimum wage for the long hot hours in August and hard work. they deserve tutors to work for them while they are practicing for a College career. They deserve a new car to show others the reward of going out for football and sports. They deserve that their parents get high paying government jobs and benefits, since the parents are probably disabled and need help. Their High School football union should negotiate with the School Board to provide a high school degree regardless of effort. NO, NO, NO, if the college students do not see the value of education that they have the opportunity to receive and work for. THE big picture is, that education is to provide a living for the long run. Professional sports IS entertainment. Entertainers work, sweat, and cry to become successful, just like anyone that becomes successful. College sports players should not be paid, pretend to be paid, they need to be non professional athletes. They can leave at any time if they are being abused. Report Reply 0 replies · active 340 weeks ago +2 Vote up Vote down fustraited · 340 weeks ago I actually agree with u Tracy about the assessments. Teachers can only do much. Granted there are some teachers out there who could do a lot more. Apart of being a parent is being involved in your childs life and school. You should at least want to anywaise. Students on average who have parents help on homework and test will do better. Although I don’t believe in the assessments by any means because not every child who is in 5th grade is at a 5th grade level in everything. You will have students above and below it. There are some students who struggle with 5th grade math, they go home work with their parents, work with teachers, some have tutors. Yet they still cannot grasp the subject. That’s should be ok because everyone learns at different levels. Instead of testing 5th grade for 5th grade level they should test using questions with different difficulty range and see how they have progressed from the previous year and not what the standards should be. Also a student w a learning dissability may not be able to do math on 5th grade level and there fore will be on the lower end and also may feel bad because I know teachers will throw parties for students who passed. Leaving students who tried their hardest yet didn’t pass or berly passed. Report Reply 5 replies · active 340 weeks ago +2 Vote up Vote down don’t care · 340 weeks ago Your number 3 needs a swift kick in the bottom with a size 10 shoe like I got back in the days. punk. Then put stupid dad in the slammer for allowing alcohol to a minor and mom in mental health for giving out drugs. What a house hold of losers. Report Reply 0 replies · active 340 weeks ago 0 Vote up Vote down Ham Sammich · 340 weeks ago Couldn’t of been more wrong about the superbowl lolz… also Bieber was arrested in Canada too the same week of his alleged DUI.. and I signed the petition Report Reply 0 replies · active 340 weeks ago 0 Vote up Vote down anonymous · 340 weeks ago Justin bieber is what happens when hollywood and mainstream media decide to elevate some undeserving nitwit to hero/demigod. See also “POTUS.” Report Reply 0 replies · active 340 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments 3. Bieber deportationâ€¦Justin BieberSumner Newscow is ahead of the curve. Two weeks ago, I told you that Bieber’s biggest problem is he is surrounded by idiots, advisors who won’t tell the punk to knock the crap off (see column here).Four days later, Bieber was charged with drag racing while high on marijuana in a residential area in Miami.And here’s the biggest problem. His dad was with him participating in the fun!There is no doubt, Bieber needs deported to his native land of Canada and his entourage dismantled much like the Saddam Hussein regime in Iraq.Luckily, there is a petition online asking for his deportation back, which should receive the President’s attention. Please go online and sign this petition here. Perhaps, if we get rid of this menace, the nation can begin to heal. Commentary by Tracy McCue, Sumner Newscow â€” Five Cueball thoughts for Feb. 2, 2014â€¦1. State assessments…Â First of all, congratulations to the Wellington Christian Academy, Conway Springs High School, Argonia Elementary and Conway Springs St. Joselph Elementary for winning the Governor’s Achievement Award for high achievement given only to a select group of schools that rate in the top 5 percent for reading, math and another subject.Unfortunately, when posting the story it immediately turned into an anti-Wellington public school discussion (see latest scores here).The whole state assessment story bores me and is as stale as the moldy bread on my kitchen counter. The state assessment scores get released, we do a story, the readers express outrage, the USD 353 administrators and teachers promise to do better, the school board wrings their hands and go into executive session, and the next year the whole process starts over.Why are we unable to solve this issue?Â Perhaps, instead of waiting for the next person, we should look in the mirror. Not to lecture or sound simplistic, but teachers and administrators can only go so far. If you don’t like the education your child is getting, be proactive. Join a site council, go to a board listening tour, communicate with your teacher and best of all pay close attention to what your child is doing.It is my understanding that the state assessment testing system is going by the wayside, and I’m OK with that. A new national testing system will be replacing the current state testing. Whether the new system is better, is something only administrators can address at the moment. But as far as the old system goes, I’m sure more than a few USD 353 employees are saying “good riddance.” 2. Paying football playersâ€¦Â The Northwestern University college football players are attempting to form a labor union demanding that they become paid employees. While I’m far from being a pro-union fanatic, in this case these young men have my full support. If for any other reason, a school payment system could cut back on the alumni-player corruption that infiltrates big-time athletics.With a little spending money, these players are less likely to accept the bribes from big donor alumni.People will argue college football players are already getting paid through full academic scholarships, free books and tuition. That is true. But these are also young men who don’t have spending money playing for university football factories making millions of dollars. The idea that the university can’t pay a penitence like a minimum wage salary for a few hours of their services during the week is ridiculous to me. How many millions have head coaches like Bob Stoops, Mike Gundy and Bill Snyder have made, yet we can’t give a football player a few extra bucks for which to live?Non-athlete students are paid for work everyday by universities whether they work in the cafeteria, the library or the student newspaper. But not athletes.John Wooden, the legendary UCLA basketball coach, was notorious for taking care of his athletes, some who were extremely impoverished. It would have put his program on probation today. But every player who went through his system were better men for it.The sad fact is, you can provide these young football players with educational opportunities, but some of them will not take advantage of it. They will eventually leave the system with nothing to show for it and no NFL prospects.How to implement such a athlete payment system will be difficult especially when students from non-revenue generating sports, the band, debate clubs, etc. demanding their share of the pie. But it is a proposal worthy of attention.
LONDON (AP) — A passenger train derailed in northeast Scotland after stormy weather, killing three people and injuring six others Wednesday, authorities said.The train’s driver is believed to be among the dead, but formal identification has yet to take place, the British Transport Police force said. Six people were hospitalized, but their injuries are not considered serious.“I would like to reassure the public that this was not a busy service, and from (closed circuit television) inquiries and witness statements we believe all passengers have been accounted for,” British Transport Police chief superintendent Eddie Wylie said. “However, once the area has been made safe, then a full and thorough search will be conducted, which is likely to take some time.″Scottish First Minister Nicola Sturgeon described the derailment as a “major″ incident and said she would be convening an emergency response meeting.The transport police said officers were called at 9:43 a.m. (0843GMT) to the railway line near the coastal town of Stonehaven, about 100 miles (160 kilometers) northeast of Edinburgh and south of Aberdeen.Smoke could be seen billowing from the wreck. Photos showed that several cars of the four-carriage train had left the tracks and tumbled down an embankment. Air ambulances and coast guard helicopters came and went as the rescue operation unfolded.Local lawmaker Andrew Bowie had been in Stonehaven surveying flood damage earlier Wednesday.“The situation was really bad this morning. The River Carron, the main river which flows through it, had burst its banks, and the heavy rain had caused flooding in the center of Stonehaven and lots of the side streets leading off it,″ he said.Bowie added that the water had receded and it was unclear if flooding was connected to the derailment.“I don’t think speculation is helpful at this stage,″ he said. “We obviously don’t know why the derailment took place, but obviously we have suffered terrible weather here.”Serious train accidents are rare in the U.K. The country’s last fatal derailment was in 2007.The head of Network Rail cut short a family vacation to return to the UK. The chief inspector of railways, Ian Prosser, said inspectors were at the site and assisting in the preliminary investigation.“We will work with other agencies, including the emergency services, to find out exactly what happened and identify the causes of this tragic incident,” he saidPrime Minister Boris Johnson tweeted: “I am saddened to learn of the very serious incident in Aberdeenshire and my thoughts are with all of those affected. My thanks to the emergency services at the scene.”
It didn’t take the Nelson Leafs long to find a skipper to replace Dave McLellan, who unexpectedly resigned earlier this week.Nelson Leafs Hockey Society president John Dooley said the Heritage City franchise has turned to former coach Mario DiBella to right the rudderless ship of the once-mighty Kootenay International Junior Hockey League team.The decision came five days after the Leaf board decided to part ways with former coach and GM, Dave McLellan and assistant coach Greg Andrusak.”We felt Mario had experience with the organization as a previous coach and also coached at the (BC Hockey) Major Midget program so he new a lot of the kids locally and from the area,” Leaf president John Dooley told The Nelson Daily Sunday.”We felt (Mario) was in line with the values we have for the team and was the right person for the job,” Dooley adds.DiBella, 59, takes over the team’s Head Coach and General Manager positions, effective immediately.Dooley said everyone, including Sean Dooley and Stathis Dimopolus, two assistant coaches that remained with the team for the final game in Spokane Wednesday before the Christmas break, have been put on notice they may, or may not, return to the Leafs as DiBella now is tasked with the decision to put his support group together.Dooley said other people came forward, but it was DiBella, a pillar in Nelson’s hockey community, that showed the most interest. “Some other people said they were interested but we didn’t get much more from them,” Dooley explained. “When Mario put his name forward we met with him and made the decision (today).”DiBella, owner and operator of Martech Electrical Systems and Marwest Industries as well as an active supporter of minor sports in Nelson, must right a Leaf ship that lost 15 of 18 games since October 31.Nelson currently sits in fourth spot in the Murdoch Division with a 14-19-0-0-1 record, three points behind third-place Grand Forks Border Bruins and trails division-leading Beaver Valley Nitehawks by 17 points.DiBella comes to the Leafs with experience in the KIJHL, having coached the Leafs from 2000-2002.But he brings so much more to the team having been part of various levels from BC High Performance Zone, Provincial Camps for Team BC and Team Pacific to Head Coach of the Major Midget Kootenay Ice and the local BC Hockey Female AAA team, Kootenay Wildcats — now the Kootenay Wild. DiBella has also scouted for the Salmon Arm Silverbacks and the Westside Warriors in the BC Hockey League and the Melville Millionaires in the Saskatchewan Junior Hockey League.DiBella is a Mentor Skills Instructor for Hockey Canada and is accredited with Hockey Canada’s Advanced Coaching certification. Before making the leap in to coaching, DiBella played for the Nelson Junior Maple Leafs, Penticton Broncos (BCHL), Grand Forks Border Bruins, Taber Golden Suns (AJHL) before completing his competitive career as netminder for Nelson Maple Leafs of the Western International Junior Hockey League.He was a two time first team all-star in the KIJHL and led the league in goals against average in the 1983 season with the senior Leafs. He has received several coaching recognition awards and has been instrumental in developing local players both in the male and female categories.”Mario’s job is to put his group together and more forward from here to a positive second half of the season,” Dooley said.”We want him to bring structure back to this program. . .. To focus on the development of players and education and relations within the community.”Values we believe in as a board.” DiBella’s first game at the helm will be December 30th against the Beaver Valley Nighthawks in Fruitvale.The first home game is the annual New Year’s Eve contest against the Nitehawks December 31 at 2:30 p.m. in the NDCC Arena.
Miralem Pjanic, 30 years previous, has change into one of many nice protagonists of the switch market with out having completed the season or opening the interval for hiring. The stoppage in world soccer due to the coronavirus has postponed that many footballers postpone choices about their future, together with the midfielder of the Juventus. La Gazzetta dello Sport has revealed this Friday that “Pjanic has stated sure” and that “there’s an settlement with Barça”. The operation would take the participant to Barcelona and a midfielder culé to Turin. The azulgrana provide Arturo Vidal or Rakitic earlier than together with Arthur, who has expressed his need to proceed at Barça. Pjanic, for his half, appears prepared to change Turin for Barcelona. If this signing is confirmed, the paradox of soccer could also be such that the Bosnian has gone from being a desired participant by Actual Madrid to having the ability to put on the Barça colours. Whites’ curiosity dates again to the summer season of 2018 when Tuttosport revealed on its cowl that Juventus rejected a suggestion of 60 million euros from Actual Madrid by the midfielder, an quantity by which his departure would now be encrypted, in accordance to what he may know ACE. Madrid’s curiosity was reactivated in March 2019 with the return of Zinedine Zidane to the Bernabéu bench and be Pjanic a participant of Marseille’s style. To this we should add the phrases of Mehdi Benatia in April: “Actual Madrid tried to signal Pjanic”.Pjanic has a contract with Juventus till June 2023. As a bianconero he has performed 167 video games unfold over 4 seasons by which he has scored 22 targets and has distributed 36 assists. The midfielder is valued at 52 million euros by the specialised portal Transfermarkt.
Don’t miss out on the latest news and information. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Gov’t to employ 6,000 displaced by Taal Nadine Lustre’s phone stolen in Brazil Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award MOST READ View comments Sports Related Videospowered by AdSparcRead Next Jovielyn Prado rattled in 14 points as Tacloban pulled off a 15-25, 25-23, 22-25, 25-20, 15-13 squeaker over PetroGazz Saturday night in the Premier Volleyball League Open Conference at Malolos Convention Center.The Fighting Warays snapped a three-game losing streak and managed to remain in contention for the Final Four with a 5-7 record.ADVERTISEMENT Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college In its star’s absence, UST shows promise heading into next season LATEST STORIES But though it was Prado who did the most damage, Heather Guino-o applied the finishing touches as she scored three points late in the fifth frame.Down 7-10, Guino-o tried rallied the Fighting Warays late in the deciding set, hammering a baseline hit as they come to within 11-12 before an Angels’ attacking error tied the match.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissGuino-o then gave Tacloban the lead with a kill-block off PetroGazz star Stephanie Mercado. Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Allen Durham still determined to help Meralco win 1st PBA title Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Tim Cone, Ginebra set their sights on elusive All-Filipino crown
John B. S. Davies, President, LBDI and President, LBAThe Liberia Bank for Development and Investment (LBDI) has acceded to the peer review of the Prudential Standard Guidelines and Rating System (PSGRS) of the Association of African Development Finance Institutions (AADFI). This makes the Bank the first financial institution in Liberia preparing to be rated by the Association.The AADFI-PSGRS mechanism was co-initiated by the African Development Bank with the aim of assessing Development Finance Institutions (DFIs) in the key areas of Governance Standards, Financial & Prudential Standards and Operational Standards.The PSGRS and the peer review exercise are intended to assist member institutions to identify their strengths and weaknesses with a view to applying remedial measures to ensure that African DFIs reflected international best practices in their operations.LBDI made a statement of intent on becoming a PSGRS compliant development finance institution last week when it hosted a two-day training session on PSGRS compliance for senior and middle-level managers at its 9th Street Corporate office on July 3 and 4.The seminar was facilitated by seasoned AADFI experts, who were led by Mr. Attiogbe Koku Akogoni and his colleagues, Mr. Konate Yacouba and AADFI peer review consultant, Mr. Paul Yuma Morisho.Speaking at the closing ceremony of the seminar, LBDI Chief Executive Officer, Mr. John B. S. Davies, III assured the public that LBDI will be the first bank to successfully pass the litmus PSGRS evaluation test for AADFI rating.“We have no doubt that LBDI will be the first bank in Liberia to achieve this feat,” he said noting, however, that Management will not rest on its laurels, but will work with all stakeholders across the banking industry to ensure that no effort is spared in providing access to finance to the Liberian populace.According to Mr. Davies, LBDI had to first meet the Central Bank of Liberia’s (CBL) requirement on international financial reporting standards (IFRS) before venturing into acceding to PSGRS peer review.“We [LBDI] led the way in meeting the IFRS requirement by the CBL and our report has already been published,” he said.Mr. Davies thanked AADFI for sending the ‘brilliant’ facilitators and said the move to accede to the PSGRS of AADFI is intended to take LBDI to another level and enhance the Bank’s credit rating system in line with international best practices.He noted that it is the responsibility of LBDI to lead by example because the Bank is the premiere development finance institution in the country.The LBDI CEO described his bank’s accession to the PSGRS as another milestone in ensuring that LBDI adapts best practices and sound banking procedures, actions and endeavors in the interest of advancing its strategic plan.“I am aware of the fact that the first attempt by many of our colleague development finance institutions, who are members of AADFI, did not do quite as well as we’ve done in our first revision. That progress is an attestation that Liberia’s banking sector is vibrant and that our regulatory framework is strong,” he said.For his part, the Deputy Director for Regulation and Supervision at the CBL Mr. Michael B. Ogun described as a milestone, the decision by LBDI Management to accede to AADFI’s PSGRS.According to Mr. Ogun, LBDI has crossed the bridge and open the way for other banks to follow suit in order to improve their credit rating.“This landmark gain by LBDI is welcoming because Liberia is not rated. Sierra Leone, Ghana, Nigeria and most of the other countries are rated, but Liberia is not rated,” the CBL Deputy Director declared.He stressed the importance of the country’s banks being rated and said it attracts potential investors. Mr. Ogun challenged AADFI and other credit rating agencies to ensure that LBDI succeeds so that country’s financial institutions will be listed. The Association of African Development Finance Institutions has, since its creation in 1975, continued to promote activities that support African national and sub-regional DFIs in achieving their mandates.Since the adoption of the PSGRS in 2008, it has been used for peer review and rating of DFIs every two years, with the first exercise being conducted during the 2009 CEOs Forum held in Ezulwini, Kingdom of Swaziland in November 2009.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)