Risk appetite breaches test development banks
MDBs also more likely to change services or strategy to reduce risk exposure, survey shows
Multilateral development banks (MDBs) exceeded their risk appetite levels more than twice as much as other banks, according to Risk.net’s latest Risk Benchmarking survey.
Asked if they had breached their risk appetite during the past 12 months, 37% of development banks said they had. This compares with a figure of 15% for commercial banks – namely, global systemically important banks (G-Sibs)
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