This project finances support for Vietinbank to develop an integrated risk management system and upgrade its operational risk management policies, procedures, and practices, in accordance with international best practices, or Basel II standards in order to help the bank better manage risks.
The project budget includes all project-funded activities with the total amount is $375,000.00 US
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ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/