OREANDA-NEWS. On August 31, 2009 German state development bank KfW began to Megabank consulting support to the Management of loan portfolio in times of crisis, reported the press-centre of Megabank.

"The program involves analysis of current procedures, conducted by the bank loan portfolio management, preparation of recommendations to improve the management of the bank credit policy, as well as seminars for bank supervisors to implement recommendations prepared. The program of technical assistance KfW instructed the German consulting company "Internationale Projekt Consult GmbH" (IPC). Activities under the program to be completed by mid-October this year.

According to the deputy chairman Megabank Alexander Shipilov, this program will allow the bank to use international experience to improve lending procedures, making them more flexible and relevant challenges of the current time.