Effective risk management is extremely important for Vozrozhdenie Bank.
The Bank’s risk management strategy focuses on achieving an optimum balance between profitability and assumed risks. It has been developed taking into account recommendations of the Bank of Russia and the Basel Committee for Banking Supervision.
The Bank’s risk management system considers risks at the decision-making stage and in the course of banking activity. The system provides timely identification of risks, analysis, detection and assessment of risk positions. The procedures of risk assessment and management processes are integrated into everyday operations.