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03 Our Business Model
Cecabank 2015 Annual Report
Risk Management
The risk function at Cecabank
Cecabank seeks to maintain a low-average risk profile
which, together with prudent rigorous management,
makes it possible to maintain strong capitalization and
good solvency levels.
In order to continue to improve, Cecabank has furthered
the development of corporate governance, following
the lines of the best international practices, as a key
element in risk management. The Board of Directors and
its committees have played a major role in this respect,
as they are responsible for establishing tolerance levels
and monitoring the risk profile.
Structure and Organization
From the perspective of defining risk tolerance,
monitoring the implementation of management policies
and monitoring the risk profile, Cecabank has set up a
support structure and a reporting system, which are
described in the organizational chart below:
Main risks in Cecabank’s activity.
The risks which may be incurred in Cecabank’s activity
are classified as
Cecabank’s Risk Division responds to the principle of
solvency as the culture.
Credit risk Market risk
Structural
balance
sheet risk
Liquidity
risk
Operational
risk
Compliance
risk
Reputational
risk
Risk