Banks Hold Implementation Conference

Amsterdam - 5 January 2004

Eighteen banks which have adopted the Equator Principles met in Amsterdam on 15 December, 2003, for an Implementation Conference. The topics discussed by the banks included the Equator Principles' categorization process, training in environmental and social issues assessment, internal business and risk management models being put in place to deal with banks' implementation of the Equator Principles, and the timing of each banks' implementation steps. There was also discussion of consultants with environmental or social issues capability. IFC sent several representatives to the meeting to discuss IFC's training program for banks which have adopted the Equator Principles. The conference resulted in in banks sharing their implementation steps to date, discussing implementation areas of concern, and learning more about each others' risk management processes.