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Ameriabank's team was recognized as the winner in the 8th global online competition for asset and liability management between banks /virtual Banking/. The final round took place on November 23 in The Hague.
The competition was related to the problems of effective management of assets and liabilities, as well as risks in banks and aimed to contribute to the development of knowledge and professional level of the financial and banking sector, transfer of alternative and innovative knowledge, exchange of international experience, strengthening and development of risk management in banks.
The competition was organized by FMO, the Netherlands Bank for International Development, DEG, a member of the KfW Bankengruppe (KfW Banking Group), PROPARCO, the French financial development agency, and SimArch Group.
The awards ceremony was held at the FMO headquarters. The team of Supervielle (Argentina) won the second prize, the team of Ficohsa (Honduras) won the third prize, the team of Bancop SA (Paraguay) took fourth place.
Initially, 30 banks from Africa, Asia, Latin America, Europe/Central Asia regions participated in the competition.