Another important milestone achieved by Turan Bank in cooperation with the European Bank for Reconstruction and Development (EBRD) under the Capacity Building Programme
TuranBank, which actively cooperates with leading international financial institutions, has successfully completed a technical support project with European Bank for Reconstruction and Development (EBRD) under Pillar I of the Financial Intermediaries Capacity Building Technical Cooperation Program.
This Pillar included the Risk Management and Compliance modules, targeting among the other things, further enhancement of internal processes, risk control measures, bringing compliance procedures closer to the international standards and improvement of the organizational structure. The comprehensive recommendations and deliverable are planned to be applied and implemented by the bank in coming months.
The project was successfully executed by TA Consult Partners Ltd - a reputable international consultant. The Donors of the Program are the European Union under its EU4Business initiative, the Ministry of Treasury and Finance of Turkey.
TuranBank highly values its cooperation with International Financial Institutions and will continue to cooperate both with EBRD and other financial institutions on potential business projects in the future.
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