Customer/Client:  EBRD
Period of realization:  21/03/2017 –21/03/2018
Country:  Russian Federation

Project description:
The project aims to facilitate MSME support in the Russian Federation by a gradual standardization of approaches to MSME lending for market participants with the objectives to improve risk management, to develop and diversify financial market operations as well as to protect consumer rights as in particular micro enterprises. Within the project the Consultant provides assistance to the Central Bank of Russia in developing the following standards:

A. Standard for Risk Management
B. Standard for Financial Markets Operations (including underwriting and attraction of funding from individuals
C. Standard for Assessment of MFIs (for banks)

The key focus of the assignment is:
• Review and improvement of the existing draft Basic Standard for MFIs on risk management;
• Assistance in the development of a Basic Standard for Financial Markets Operations (including loan underwriting and attraction of funds from individuals);
• Assistance in the development of a Basic Standard for the MFIs’ Assessment;
• Presentation of the above mentioned standards to the market and providing training to market participants.

Back to list