The business of banking is to take on strategic/business risk, credit risk and market risk in order to create added value. Indirectly, this entails exposure to operational risk. BCV manages these risks in an integrated and coherent manner, using a process that encompasses all of the Bank’s activities. The goals of the risk management process at BCV are to:

• ensure that BCV’s risk exposure is evaluated, monitored and reported in a manner that is appropriate to the economic and regulatory environment;
• ensure that BCV's risk-taking capacity is in line with its risk profile;
• ensure that BCV earns optimal returns on the risks that it takes and hence on the equity capital committed.

Read more in Basel II Pilar 3 report