Due Diligence of a Local Bank

BFC’s due diligence covered the following areas:

  • update on the macroeconomic environment focused on the risk of over indebtedness
  • full due diligence of a Bank’s operations, financial strength, and risk exposure

BFC verified the information obtained using the following approaches:

  • complete audit of data to verify consistency and plausibility
  • cross checking of information obtained from different sources for consistency