TraceRiskUncategorizedRisk Appetite

Risk Appetite

RISK APPETITE is the amount of risk management is willing to accept in pursuit of value and is rated as follows:

HIGH RISK APPETITE: The Bank accepts opportunities that have an inherently high risk that may result in reputation damage, financial loss or exposure, major breakdown in information system or information integrity, significant incidents(s) of regulatory non-compliance, potential risk of injury to staff and customers.

MODERATE RISK APPETITE: The Bank is willing to accept some risks in certain circumstances that may result in reputation damage, financial loss or exposure, major breakdown in information system or information integrity, significant incidents(s) of regulatory non-compliance, potential risk of injury to staff and customers.

LOW RISK APPETITE: The Bank is not willing to accept risks in most circumstances that may result in reputation damage, financial loss or exposure, major breakdown in information system or information integrity, significant incidents(s) of regulatory non-compliance, potential risk of injury to staff and customers.

ZERO RISK APPETITE: The Bank is not willing to accept risks under any circumstances that may result in reputation damage, financial loss or exposure, major breakdown in information system or information integrity, significant incidents(s) of regulatory non-compliance, potential risk of injury to staff and customers.