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•First Business Bank

First Business Bank is a growing Greek banking organization. It offers financial services to the shipping, corporate and retail sector via its network of ten branches. The cooperation with FB Bankconcerns the supply and full support of credit risk management systems which are fully compliant with the latest Basel II requirements. More precisely, the agreement covers the installation, customization and maintenance of the RV Rating© system which produces internal risk ratings for the bank's counterparties together with their respective default probabilities depending on their risk profile. The system's accuracy is based on an in-depth analysis of each obligor by FB Bank's experienced analysts in order to evaluate a series of criteria which are subsequently analyzed by the system's advanced models.

Besides risk management, RV Rating© provides important tools to FB Bank for the optimization of the pricing of each exposure taking under account potential losses from each obligor as well as the cost of capital that will remain blocked for coverage of credit and operational risks.

For more information about FBB please visit www.fbb.gr

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