Banking & Non-Bank Financial Markets (BNFM) Practice Area

IBTCI has gained repute as a company for creating excellence in financial sector reform projects worldwide. Our Banking and Non-Bank Financial Markets Practice entails reform of government policy, strategy, project oversight, and implementation of financial systems including: Banking, Capital Markets, Non-Bank Financial Institutions (inclusive of Insurance Companies, Development Financial Institutions), Corporate Governance, Market Integrity and Payment Systems. 

Since the commencement of the practice in 1994, IBTCI has implemented small-scale and large-scale projects in more than 25 countries in emerging markets across the globe.  The primary clients for our practice have been ADB, First Initiative, USAID, and the World Bank.


IBTCI’s BNFM Practice serves the needs of emerging markets in a broad array of sectors.  Our projects are in the following areas:

  • Financial System Reform, Policy and Strategy: IBTCI supports the governments of emerging market countries by transforming weak and failing financial systems into competitive service. We work with counterparts to identify and correct policy and structural weakness. IBTCI reviews and analyzes the policy, legal, regulatory, institutional, and financial issues that may have an impact on the measures the host country government and its agencies are considering at the time.
  • Banking: IBTCI’s projects in this area entail assisting banks on asset liability management, bank accounting (IAS/ISA standards), bank IT/MIS, bank privatization, bank management, bank restructuring and rehabilitation, bank supervision (onsite/offsite), bank liquidations, branch development and management, consumer banking, credit, deposit insurance, human resource management, institutional strengthening, internal audit, legal and regulatory reform, lending policies and practices, macroeconomic policy and economic intelligence, problem debt resolution, risk management, strategic planning, and training (participant  and on-the-job).
  • Capital Markets: IBTCI has been involved in all aspects of capital markets development, including the analysis and enhancement of capital markets, investments, initial public offerings (IPOs), technologies, information systems, infrastructure formation, institutional development, public education, restructuring and privatization. IBTCI’s key personnel have worked on Wall Street and in several emerging markets.  In addition, IBTCI projects have been involved with the operations and management of stock exchanges; clearance, depository, settlement and registry functions; legal and regulatory frameworks; SROs for brokers/dealers; and trading systems. 
  • Non-Bank Financial Institutions: IBTCI has conducted numerous projects dealing with the development and enhancement of non-bank financial institutions and new market instruments.  In many countries, the financial system extends beyond traditional banking institutions to include insurance companies, mutual funds, development financial institutions, market makers and other financial service providers. These non-bank financial institutions can protect economies from financial shocks. However, in developing countries that lack a coherent policy framework and effective regulations, non-bank financial institutions can exacerbate the fragility of the financial system. IBTCI efforts have been to assist policymakers in the creation of coherent policy structures, and sound regulatory and supervisory environments for such institutions.
  • Anti-Money Laundering and Anti-Terrorism Financing:   IBTCI’s BNFM Practice supports initiatives that address the growing economic, political and national security concerns arising out of illegal financial activities. Within this area, IBTCI focuses on anti-money laundering, anti-terrorism financing, anti-fraud and governance issues. Our anti-money laundering expertise combines financial industry intelligence and years of international consulting expertise with powerful data analysis technology. IBTCI provides senior level experts with global exposure, who have assisted parliaments, courts, ministries of finance, central banks, private sector banks non-banking financial institutions, and law enforcement officials in developed and developing countries.
  • Corporate Governance and Market Integrity:  IBTCI has implemented governance, transparency and anti-corruption measures across financial institutions and enterprise in many of its projects.  IBTCI assesses existing systems for overseeing management and internal operational functions of banks and other financial institutions. We then design enhancing and system reform measures to help maintain both the internal integrity of oversight systems, as well as to ensure public and market confidence.
  • Payment Systems: IBTCI is fast becoming a specialist firm in evaluating and implementing large value and retail payments systems. IBTCI staff is well-versed in the implementation of the legal, regulatory and governance reform of systemically important payment systems. Our legal experts realize that the value of a sound and appropriate legal framework is generally considered the basis of efficient payment systems. Our industry specialists ensure that the institutional framework of the oversight entity or agency has in place proper governance, organizational, management structure and associated performance indicators that will lead to more accountable and transparent oversight of payments.  Our Payment Experts have in-depth experience in conducting self-assessments based on the Bank for International Settlements (BIS) or Committee on Payments and Settlement Systems (CPSS) Core Principles.