Central Bank hires advisors


The Central Bank has announced it has hired Barclays Capital, Boston Consulting Group and Blackrock to assist it in its Prudential Capital Assessment Review (PCAR) and Prudential Liquidity Assessment Review (PLAR).

Barclays Capital will advise the Bank on the restructuring of the banking sector, while also contributing advice on PCAR and PLAR.

BlackRock Solutions will perform reviews of asset and data quality of those banks participating in the PCAR and PLAR while Boston Consulting Group will provide project management resources for the Central Bank’s Financial Measures Implementation Project as well as advising on PCAR and PLAR.