The firm PriceWaterhouse Coopers carried out an external evaluation of the processes and practices of CABEI´s Internal Auditing Department and granted it the highest grade that the Institute of Internal Auditors of the United States has defined for such an evaluation.

CABEI´s Internal Auditing Department operates according to a statute, objectives, policies and processes that are developed in conformity with international norms that govern this field. Those norms constitute the criteria through which the Internal Auditing Department’s performance is measured and makes it possible to grade its attributes and its performance with respect to best auditing practices.

The department’s structure, definition of roles, level of reporting, risk evaluation, work planning, organization of activities, professional capacity of personnel, use of information technology, production and added value were some of the elements evaluated by the firm PriceWaterhouse Coopers in order to grant the internationally recognized grade that CABEI currently holds.

For CABEI, the ability and the quality of its Internal Auditing Department contributes to the achievement of its institutional objectives, reinforces one of the elements of corporate governance and contributes to the transparency of its processes and policies.

CABEI, the leading provider of financial services for the region, has thus complied with demanding international standards.


About the Institute of Internal Auditors (IIA)
The Institute of Internal Auditors of the United States (IIA) is a professional association, which is internationally recognized as the leader in the processes of certification, education, research and technological guides in the field of internal auditing, and its members include more than 130,000 professionals throughout the world.

About PriceWaterhouse Coopers
PriceWaterhouse Coopers is a leading firm in auditing services with ample experience in quality assurance reviews of internal auditing, with a proven methodology and technological tools for carrying out this type of evaluation .