Client testimonials
World Bank

“World Bank contracted Business & Finance Consulting to carry out a gap analysis in Bangladesh and Pakistan in 2006. The main objective was to identify potential for increasing the access to finance of SMEs in local banks. We have been extremely satisfied with BFC’s work as their team is very competent, BFC combines serious hands-on project experience (i.e. they actually have helped banks/MFIs increase their outreach with tangible results), rigorous analytical skills and a very refreshing openness to trying new approaches, while not compromising on the key tenets of small business lending. It is the latter, I believe, that makes BFC so client oriented.

In conclusion, it has been a real pleasure to work with BFC and I would recommend them wholeheartedly.”

Aurora Ferrari
Private and Financial Sector
Eastern Europe and Central Asia
The World Bank


KfW Entwicklungsbank

“A very satisfactorily and well structured final report. Mr. Kortenbusch and his colleagues have produced high quality and professional work on time. After the assignment, BFC has always been responsive to follow up questions.”

Stefan W. Hirche
Project Manager, Sector and Policy
KfW Entwicklungsbank


Asian Development Bank (ADB)

“BFC’s contribution to the success of TFP*, which has grown exponentially and won two industry awards in 2010, including “Best Development Bank in Trade”, has been important. We have found BFC professional, reliable, and flexible when required and the quality of their work has been good.”

Steven Beck
Head of Trade Finance
Asian Development Bank (ADB)


Inecobank CJSC

“The quality of the training provided by BFC was more than satisfactory. Coaches were well qualified and the material was up-to-date. The professionalism, creativity, and overall attitude of coaches were very much appreciated. Our staff members who received the training expressed positive opinions concerning the matter. The training has further enhanced our employees’ professionalism and skills. We confidently recommend BFC as a reliable partner and expert in their field.”

Alik Stepanyan
Head of Retail and Micro Business Support and Analysis Team
Inecobank CJSC, Armenia


Oesterreichische Entwicklungsbank (OeEB)

“OeEB has been very pleased with BFC’s performance on this project. Their research team led by Peter Hauser presented a thoroughly researched and comprehensive final report in time with clear conclusions and reasonable recommendations which have helped us to define OeEB’s future strategy for the Caucasus. We look forward to continue working with BFC again in the future.”

Susanne Wegl
Manager Advisory Programmes
Oesterreichische Entwicklungsbank


Bank Constanta

“BFC has consistently delivered sophisticated, innovative consulting services for Bank Constanta since the beginning of our cooperation in 2007. In particular, BFC’s assistance in developing and implementing a statistical credit scoring system has provided Bank Constanta with a powerful tool for controlling risk and improving operational efficiency. In addition to being professional, highly qualified, and dedicated to their work, BFC's consultants demonstrate an exceptional knowledge of the local market and the needs of our clients.”

Giorgi Gachava
Deputy General Director (Operations Director)
Bank Constanta, Georgia