The academy provides its consulting services to its client base, which consist of four important stages, which are:
- Preliminary survey of the situation of the institution/bank requesting consultation and submitting a report in this regard.
- Contracting with the concerned institution/bank, including consultation procedures, scheduling, required expertise, and based on cooperation with a supporting team nominated by the beneficiary to collaborate with experts and receive training to carry out the consulting task.
- Execution of the consulting task according to the contract.
- Supervision of the implementation and training, as agreed upon with the beneficiary institution.
Fields of Consultancy Services
- Developing comprehensive and sub-strategies.
- Preparing marketing research and feasibility studies (technical, economic, marketing, and financial).
- Developing banking, financial, economic, administrative processes and enhancing their capabilities, performance, and modernization.
- Transfer, adaptation, and utilization of technology.
- Developing financial and accounting systems.
- Developing human resources and training.
- Organizing and restructuring banks, institutions, companies, and government agencies, including restructuring, privatization, and transitioning to Islamic banking.
- Oversight and monitoring, including setting performance standards, proposing key performance indicators (KPIs), and preparing internal control systems.
Consultancy contracts
The Academy has implemented a number of consulting projects at the level of the Arab world, the most important of which are:
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- Computerization of the People’s Credit Bank – Syrian Arab Republic.
- Modernization and development of the Cooperative and Agricultural Credit Bank – Republic of Yemen.
- Computerization of the Industrial Bank – Syrian Arab Republic.
- Data migration in industrial banking – Syrian Arab Republic.
- Converting the National Commercial Bank – Jeddah into an Islamic bank.
- Restructuring the Iraqi banking sector in cooperation with Deliote.
- In addition to restructuring the following banks and financial institutions:
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- Banks in Palestine
- Rafidain Bank – Republic of Iraq
- Ministry of Education – Republic of Iraq
- Office of Financial Supervision – Republic of Iraq
- General Secretariat of the Council of Ministers – Republic of Iraq
- Institute of Banking and Financial Studies – Republic of Iraq
- Bank of the Sahel and Sahara – Libyan Republic
- Muscat Securities Market – Sultanate of Oman
- Syrian Central Bank – Syria
- Agricultural Credit Bank – Yemen