PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601354

Primary Business Area

Financial Institutions Group

Disclosure Date

Jan 20, 2016

Country

Jordan

Region

Middle East

IFC Approval Date

Nov 23, 2015

Status

Completed

Estimated Total Budget

$370,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 8, 2022

Project Estimated End Date

Jun 30, 2018

Project Description

IFC's Microfinance Advisory team in the MENA region is planning to partner with a key MFI in Jordan to help build their risk management and internal audit functions. The project activities include building a comprehensive risk management framework, including a RM unit and committees, relevant risk management tools in the areas of credit, operational and financial risk, as well as the capacity building of staff. The project also covers the setting up of an Internal Audit Unit with all the accompanying policies, tools and training/coaching needed to operationalize it.

Development Results

E&S Risks / Impacts and Mitigation