We provide the current asset stock evaluation services to value any stock item that may be hypothetical or pledged to a bank or for a company’s individual knowledge of their stock value positions for their balance sheets. Stocks may be in the form of commodities, finished goods or liquid. Our teams being well versed in this line of work, the stocks are valued by checking the prices from the local market and export and import trend of such commodities, agents and the producers of the commodities and finished goods.

Our team encompasses the following checks and balances:

• Reviewing and checking the goods independently from the storage records of the computerized inventory statements of the company.
• The stacking of the stocks is conducted in a systematic manner to facilitate the stock checking with expiry dates whether useable / saleable are marked so that stock items do not deteriorate or get damaged. Also, key observations are made / analyzed so that there is no duplication or deception during the production cycle movements at the client’s premises, safeguarding the bank’s interest at all times.
• We correlate information provided by the borrower with the actual presence of physical stock with in house procedures to verify the actual goods in stock are in place and updated.
• The quality of the stock is checked by experts or in a laboratory for random sampling of a 100% commodity check.