Basel II Risk Management Standards

The objective of this project was to assist Bank Constanta 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.

Bank Constanta  was the leading micro-finance bank on a Georgian market. With more than 500 employees in 19 regions throughout Georgia, Bank Constantaoffered high quality financial services before merging with TBC in 2015.