Risk Management
In Search for Excellence
In its search for excellence at all banking activities level, Bank ofBeirut s.a.l. launched a strategic pillar incorporating Risk Management as an independent function which works on measuring, aggregating, monitoring, and controlling activity-inherent business risks:
Credit, Market, Operational, Liquidity, Reputational, and Legal Risks, all fall under the challenging task of optimally allocating the economic capital of the Bank.
This global view of risk issues will help in minimizing the impact on the whole organization of conjuncture and /or structural downturns, as much as steering all banking operations towards excellence in rendered financial services.
Our Mission and Commitment
- Establishing a comprehensive risk management system, in line with the requirements of Basel, namely the future New Capital Accord (Basel II), and those of the Financial Authorities, namely the minimum Capital Adequacy Ratio.
- Establishing risk-focused policies and
procedures, in order to achieve the
best risk/return ratio possible under
different market conditions, with one
goal in mind: creating and maximizing
value for our customers, and
enhancing return to our shareholders.
- Diffusing proper risk culture among employees, in order to achieve the goal of adequately handling risk and interacting with it, while moving successfully from risk-taking to risk-managing.