Toward Professionalism in Development Banking

Cover Toward Professionalism in Development Banking
Toward Professionalism in Development Banking
J D J Daniel Nyhart
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The basic distinction between various banks is how evaluations are made .
Team Appraisal The team approach to appraisal is well illustrated by the practices of PICIC and IDC/SA. In PICIC, the Chief of Operations assigns an engineer and financial analyst from his Operations Depart- ment and a marketing expert from the Economic and General Department to a project investigation. As indicated above, the marketing member starts first, but is soon joined by the engineer working on technical design of
... a plant with production capacity, as indicated by the market estimate. The financial analyst is soon investigating the financial needs of the project assuming sales initially at 70% of the rated capacity of the proposed plant. The three men hammer out three reports. The Chief of Operations acts as coordinator; it is his responsibility to prepare one project appraisal from these three reports for presenta- tion to the Project Appraisal committee. The reports involve personal interviews at client's offices, visits to proposed sites, recourse to both private and public institutions and to relevant published data.

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