In this context, in - The Bank maintained its continual observation and monitoring of branch activities in Greece and subsidiary banks in Bulgaria, Ro mania, Albania, Egypt and Serbia by means of the Regional Divisions’ Auditors. - continued the development of a data base using own resources aimed at electronic transaction tracing, the development of fraud iden tification and prevention “scenarios”, and at supporting the auditing work performed by Regional Divisions’ Auditors. - Completed the implementation of the above system in its Subsidiary Bank in the Ukraine while its implementation in Cyprus is in progress. - provided consulting in the development of specific Bank processes in order for them to incorporate proper auditing mechanisms. - participated in the development and conducting of specialized seminars on more effective operation of branches and combating fraud. - Supported once again training and further specialization of its people, directing them towards appropriate professional certifications (ACCA,CIA,CISA etc.) - Conducted the annual quality assurance control for the Internal Audit Division of the Bank’s subsidiaries in Romania, Cyprus and Ukraine, thus confirming that they are operating in compliance with international Internal Control Standards and the Group’s General Division of Internal Audit’s guidelines.