Malaysian Bank Opts For i-flex Consulting

Public Bank in Malaysia has selected i-flex Solutions’ consulting division - i-flex Consulting - for providing credit risk management and basel II consultancy. The consulting assignment would cover the Public Bank Group’s Malaysia and Hong Kong operations.

i-flex Consulting would help Public Bank further enhance its credit risk management function, establish data requirements for Basel II, and draw up an implementation plan to meet its compliance objectives.

After outlining the Public Bank’s future through the project, the bank plans to move on to Basel II Advanced Internal Ratings Based approach.

“We are confident that our team of experienced risk management consultants will deliver an engagement that meets the commendable risk management objectives that Public Bank has set for itself.’’ i-flex Solutions CEO Kishore Kapoor added.

i-flex has over 8,500 employees operating from 14 development centres across India, Singapore and the US.