BIT Bank (Banque de l'Industrie et du Travail) is a Lebanese bank formed in 1960. Now with resources of 200 employees and 12 branches throughout the Lebanon, BIT targets private individuals (retail and private banking) as well as companies of all sizes.

For several years now, BIT has been reorganising and expanding its Credit Risk Department and strengthening the management of its risk portfolio. "We have created a Basel II Committee in order to install the standards set by the Basel II reforms", states Nabil Khairallah, the managing director of BIT, "and we have selected the SAB modules specifically for their ease of installation".

The "Basel II" module is an engine necessary to calculate own funding ratios in line with Basel Committee requirements. The module manages both credit risk and operational risk. The "ALM" (Asset-Liability Management) module is used to define liquidity risk and interest risk incurred by each financial institution.