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This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.

The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.
Summary of Advisory Services Project Information
Project Number
599989
Primary Business Area
Access To Finance
Disclosure Date
Jan 27, 2014
Country
Guatemala
Region
Latin America and the Caribbean
IFC Approval Date
Jul 15, 2013
Status
Completed
Estimated Total Budget
$135,200.00
(Project budget includes all project-funded activities)
Last Updated Date
Feb 27, 2014
Project Estimated Start Date
Project Estimated End Date
Jun 30, 2015
Project Description
The project will have six main components, (1) Risk Management training to senior management to further strengthen institutional risk culture, (2) Strengthening of Asset-Liability Committee (ALCO) to play a more strategic role in the bank?s risk-return profile, (3) Expansion of Funds Transfer Pricing model (FTP) to better measure the risk-return profile at the client and transaction level, (4) SME specific Credit Risk Model development, (5) Risk Monitoring early warning system development for the bank?s loan portfolio, (6) Enhancement of Operational Risk Management activities to suit the span of the operations.
Development Results
E&S Risks / Impacts and Mitigation

The project objective is to strengthen Banco G&T Continental?s risk management function to support the sustainable growth of Banco G&T Continental?s loan portfolio.

IndicatorCalendar Year 2020 ResultsCumulative Results as of 2020
Number of entities receiving in-depth advisory servicesNot Available 1
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completedNot Available 22
Number of entities that implemented recommended changesNot Available 0
Number of outstanding loans 19 19

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