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Skopje, 27 June 2013
PRESS RELEASE OF THE NBRM
The National Bank began with the implementation of the project titled as Support in preparation and implementation of NBRM methodology for evaluation of banks Internal Capital Adequacy Assessment Process frameworks.
The Project is financed by the European Union through the Project Preparation Facility within the National Program for 2009 as part of the Instrument for Pre-Accession Assistance in the amount of approximately Euro 110 000.
The objective of the National Bank, as an institution responsible for bank supervision, is ongoing improvement of the banking regulations, taking into consideration also the new Basel principles for efficient bank supervision. Accordingly, the Project aims at improvement of the Internal Capital Adequacy Assessment Process (ICAAP), within the supervision in concordance with the national regulations, as well as in accordance with the New Capital Accord Basel II.
The Project will be realized on the basis of services contract, and it will last seven months.
Governor's Office
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