Basel II Risk Management Standards

The objective of this project was to assist Pasha Bank in implementing Basel II Risk Management Standards in accordance with Georgian National Bank requirements. At the initial stage, a diagnostic of the banks’ risk management systems was conducted. Based on the diagnostic, a document that outlined the discrepancies between the existing system and the Basel II requirements was developed, which served as a basis for the development of new and appropriate financial, market and operational risk management systems.

Pasha Bank is a Baku-based financial institution operating in Azerbaijan, Georgia and Turkey, providing corporate and investment banking services to large and medium-sized enterprises.