BFC was founded in 2003. Its head office is in Zurich, Switzerland. BFC employs 65 permanent full time staff in branch offices located in Armenia, Georgia, Moldova, Russia and Tajikistan.
BFC provides effective consulting services that improve the performance of financial institutions and facilitate the development of emerging markets. It views the development of the financial sector as a tool for achieving economic growth and reducing poverty.
BFC combines international consulting talent with first-rate local expertise and passion to meet and exceed the expectations of its clients and stakeholders. Our hard-working team is dedicated to excellence and strongly committed to making financial markets work, proven by our track record of outstanding performance.
BFC’s main clients are international financial institutions including:
Asian Development Bank (ADB)
International Finance Corporation (IFC)
European Bank for Reconstruction and Development (EBRD)
KfW Entwicklungsbank (KfW)
European Fund for Southeast Europe (EFSE)
Oesterreichische Entwicklungsbank AG (OeEB)
Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ)
The World Bank
In addition, BFC implements consultancies and research assignments for private sector clients.
BFC focuses on providing assistance in the Newly Independent States (NIS) and Asia. Since its inception in 2003, BFC has successfully implemented more than 50 assignments in 30 countries.
Lending Implementation / Capacity Building is offered to banks and MFIs. BFC has assisted banks aiming to establish microlending from scratch, or from rebuilding existing operations and MFIs aimed to expand rapidly or to make their operations more efficient by improving the qualifications of their Human Resources.
Due Diligence & Market Research
Due Diligence and Market Research are used by investors and donors to prepare decisions on planned investments or assess their risks related to existing investments.
Credit scoring is used to predict a borrower's payment behavior based on an analysis of the payment behavior of similar clients in the past. Scoring methods have been used for commercial and consumer credit and in the insurance industry for many years.
The Liquidity Forecast Ladder is a model that can dynamically quantify the level of liquidity over an appropriate set of time horizons
Risk Based Internal Audit
Internal Audit verifies the compliance of processes and practices with relevant internal and external regulations. In contrary, Risk Based Internal Audit analyses if the internal control and risk management systems of an institution are appropriate to effectively measure and control risks related to given business processes.
Risk management describes the process designed to identify, assess and control risks. Fast institutional growth as well as the impact of the global financial crisis has sharply increased the need of financial institutions to strengthen their risk management systems.
BFC MasterAPS (Application Processing System) optimizes MSE loan origination. It increases transparency through configurable work flows; scanning and archival of client documents; and storing a complete client history.