International Bank of Qatar, a leading financial services institution in Qatar, has signed a RiskMentor credit risk management consulting contract with PIC Solutions.
Through this RiskMentor contract, International Bank of Qatar has access to professional resources from any area of PIC Solutions` expertise. This includes credit risk management consulting, analytics, project management and software services. The RiskMentor service is on a retainer-basis and ensures maximum productivity, combined with fixed quarterly budgeting.
The RiskMentor contract will also offer International Bank of Qatar maximum flexibility in achieving its stated objectives of increasing data-driven decision-making throughout the bank while increasing the overall profitability.
Dip Mitra, Head of Risk at International Bank of Qatar, comments: "We are committed to improving credit risk management throughout our organisation. Through this RiskMentor contract, PIC Solutions consultants can assess our current credit practices and infrastructure and make recommendations for future growth. We selected PIC Solutions for their understanding of the Middle East market and we look forward to working with them on this assignment."
Dave Lewis, Director at PIC Solutions, adds: "We are pleased that International Bank of Qatar has recognised the credit risk management and analytical skills that PIC Solutions offers to the Middle East banking industry. The flexibility of the RiskMentor relationship will ensure that International Bank of Qatar can optimise the benefits of our risk management personnel and we look forward to working closely with them over the course of the next year."
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