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According to the Bank’s website, IFC will assist Wegagen Bank in aligning its treasury and risk management practices with best practices, considering the local context. This will include reviewing existing policies, processes, and procedures, and introducing new tools and techniques to manage various risks effectively.
This IFC project aims to provide advisory services to strengthen Wegagen Bank's internal operations and risk management capabilities, thereby contributing to the development of a robust and efficient financial sector that will fuel economic growth and improve competitiveness.
Estimated Total Budget: $300,000.00 (Project budget includes all project-funded activities)
Wegagen Bank SC is a private joint stock bank in Ethiopia that was incorporated in 1997. The bank provides retail banking services to individuals and businesses in Ethiopia.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Wegagen Bank | Client | - |
No contacts available at the time of disclosure.
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