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Technical assistance to Development Bank of Seychelles
Details
Locations:Seychelles
Start Date:Feb, 2013
End Date:Feb, 2014
Contract value: EUR 294,675
Sectors: Banking
Description
Reference code: TA2012035 SC IF2
Contract description:
The overall objective of the technical assistance is to assist the Development Bank of Seychelles (DBS) in the implementation of, and ensuring the successful execution of improved credit risk management, asset andliability management and governance structures, as well the translation of DBS's new mandate into a marketproposition and a sustainable business model.
The expected results of the technical assistance are:
— Formalisation of credit risk management capacity, including a credit scoring methodology and risk pricing principles
— Improvement of asset and liability management and financial reporting
— Strengthened governance and increased internal controls
— Development of a market strategy and detailed business plan
Duration of the contract: 12 months from the Commencement date.