Florida International Bankers Association Sings Praises Of Bankersalmanac Due Diligence Repository

Florida International Bankers Association (FIBA) says the Bankersalmanac.com Due Diligence Repository is a useful tool to simplify and standardise the collection of due diligence information across the banking industry. The Repository is designed to help banks reduce the overheads involved

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Florida International Bankers Association (FIBA) says the Bankersalmanac.com Due Diligence Repository is a useful tool to simplify and standardise the collection of due diligence information across the banking industry.

The Repository is designed to help banks reduce the overheads involved in providing and acquiring the relevant documentation, and it is free for banks to have their documents included.

“Although regulation is increasing, the due diligence task can be made easier,” says Kerry Hewson the Director of Bankersalmanac.com. “The aim is to reduce the need for international banks to request and send duplicate documents to one another, which results in an ineffective use of time and effort.”

Pat Roth, Executive Director of FIBA, adds, “We at FIBA believe that tools such as the Bankersalmanac.com Repository can help to standardise and simplify international due diligence.”

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