Fernbach launches ‘Basel II in a box’’ for SMEs

Fernbach aims to lead the SME market for Basel II compliance by offering inexpensive and simple Basel II solutions for any firm adopting the standardised approach. Firms are provided with machines, training and a guide to meeting requirements. “Every country has small banks that are looking for something simple. They all want the best solution, but can’t spend a lot of money,” said Arnaud Picut, managing director of international operations at Fernbach.

Small banks and banks in emerging markets

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