Moody International Conducted Repeated Surveillance Audit of Parabank
OREANDA-NEWS. May 03, 2011. The purpose of audit was the control of the maintenance of an integrated quality management system in working condition, efficiency and continual improvement, as well as checkup for compliance with ISO 9001:2008, reported the press-centre of Parabank.
The certified organization must hold a surveillance audit at its place at least once a year, in accordance with the requirements of standard. The team of auditors reviewed all elements of the implemented system in accordance with the requirements of the standard. The result of control showed that the system of internal control meets the requirements of the implemented standard.
Inconsistencies and recommendations identified during the surveillance audit were discussed in the company; as a result, appropriate corrective actions and the purposeful works for elimination of inconsistencies and realization of recommendations were conducted.
It should be noted that the audit was carried out by the auditors of the company "Moody International" on 27-28 January 2011. As a result of repeated surveillance audit conducted on March 28 it was recommended to extend the certification of internal control system and management of the company for 1 more year.
"Implementation of Quality Management System in the bank means not only great organizational work, but also the development of a common corporate culture. Parabank, based on its 19 years of experience and now on the requirements of international standard, is focused on high - quality customer service and offer of the most optimal banking solutions", said Director of Quality Control Department of Business and Development Zaur Jafarof.
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