Risk Management System Implemented at SB Bank
OREANDA-NEWS. December 21, 2011. Risk management system implemented at SB Bank (Sudostroitelny Bank) marked by ExpertRA rating agency as highly efficient. The agency experts assigned the Bank's system A.rm rating (for the high-level risk management).
Among most notable strengths of the Bank are independent functioning of risk management service and sales division, stress-testing on a regular basis for defining the level of key banking risks that are inherent to the Bank's activities as well as a wide range of market risk monitoring procedures. Also positively evaluated were well-balanced operational risk database management and well-documented code of professional ethics.
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