What is the Banks risk management strategy?
The Bank is dedicated to the construction of an independent, comprehensive, vertical and professional risk management system, the cultivation of a risk management culture of risk-adjusted returns, and the implementation of a risk management strategy of quality industry, quality enterprise, mainstream market and major client, and actively manages various risks at different levels such as credit risk, liquidity risk, market risk and operational risk, etc. Facing the highly volatile macro-economic situation and increasingly fierce market competition, the Bank set up the guiding concept of guarding against system risk, striving to increase income, reinforcing structural adjustment, and quickening business innovation for credit business in 2008. Around the end of 2008, the Bank positively responded to the national policy of expanding domestic demand and increasing its loan issuance while strictly controlling risk, which was conducive to the economic development. 1) The Bank positively respo