RECOVERY PLAN – OPEN PROGRAM
Recovery Plan (hereinafter referred to as the Plan) represents a fundamental element of the bank’s strategic resilience and is one of the key documents within the regulatory framework for crisis management. Its purpose is to clearly define timely and effective measures that the bank can take in situations of severe financial instability, with the aim […]
Risk Culture-Key to Resilience and Long-Term Success
Why Risk Culture? Risk culture refers to the set of values, beliefs, knowledge, and behaviors within an organization that shape how its members perceive and manage risks. In a time of increasing regulatory complexity, rapid digitalization, and geopolitical instability, a strong risk culture is becoming a crucial factor for survival and development—both for financial institutions […]
CREDIT RISK MANAGEMENT – The banking basis for the stability and sustainable growth
Credit Risk is at the Core of Banking – Managing It Requires Structure, Process, and Discipline Credit risk management is a cornerstone of the risk management framework in banks. An effective credit risk framework not only ensures compliance with regulatory requirements but also directly influences asset quality, capital strength, and overall profitability. Today’s challenges – […]
MODEL AND MODEL RISK MANAGEMENT – A Key Discipline in Digitally Driven Banking
Models Provide Predictive Power – But Also Carry the Risk of Misguided Decisions. Model Risk Management Must Be Structured, Transparent, and Independent. In an era of increasing reliance on quantitative methods and algorithm-based decision-making, banks employ a wide range of models – from credit scoring and provisioning, to market and liquidity risk assessments, ICAAP calculations, […]
ICAAP & ILAAP PROGRAM
Key pillars of Risk Management in the banking system! In today’s banking sector, effective capital and liquidity management is not just an internal strategy—it is a regulatory obligation that defines the stability and resilience of financial institutions. The Internal Capital Adequacy Assessment Process (ICAAP) and the Internal Liquidity Adequacy Assessment Process (ILAAP) are critical tools […]