DEVELOPMENT BANK OF NIGERIA (DBN)-
REQUEST FOR EXPRESSIONS OF INTEREST FOR GAP ANALYSIS OF BASEL II & III (INDEPENDENT 3RD PARTY ASSURANCE) AND AUTOMATION OF THE STRESS TESTING PROCESS
DEVELOPMENT BANK OF NIGERIA (DBN)
REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – FIRM SELECTION)
DEVELOPMENT FINANCE PROJECT
ASSIGNMENT TITLE: NIGERIA – GAP ANALYSIS OF BASEL II & III (INDEPENDENT 3RD PARTY ASSURANCE) AND AUTOMATION OF THE STRESS TESTING PROCESS.
REFERENCE NUMBER: NG DBN. 289232-CS-CQS
The Development Bank of Nigeria (DBN) has obtained a loan from the International Bank for Reconstruction and Development (IBRD) and Intends to apply part of the proceeds of this loan to engage a qualified consulting firm to perform a review of the Development Bank of Nigeria’s level of compliance with the requirements for BASEL III Implementation, identify the gaps .and work to close the identified gaps in line with regulatory requirements.
The Central Bank of Nigeria (CBN) has developed and issued guidelines for Basel III implementation by all Banks in 2020. However, due to the outbreak of the COVID-19 pandemic, the implementation was suspended to minimize the regulatory compliance burden on the Banks. Following the gradual global economic recovery, the CBN released the following guidelines for implementation: