Managing risks to

be a responsible banker

We place the utmost importance on rigorous risk management to ensure the

strength and sustainability of our institution. Our approach is based on a strong

risk culture and continuous monitoring of our activities. We have put in place

sophisticated processes and tools to assess, measure and control the various types

of risk we are exposed to.”

Talal EL BELLAJ

Deputy CEO

Group global risk management

RISK MANAGEMENT AT THE HEART OF CORPORATE GOVERNANCE

The governance and organization of risk management systematically specify

and apply the management principles laid down by the banks governing

bodies The responsibilities of the key players have been clearly established

to better coordinate joint actions These players are the Board of Directors

General Management the DecisionMaking Committees and the Global

Risk Management unit Supporting the Board of Directors and chaired by the

Chairman and Chief Executive Off icer the Risk Committee examines and

authorizes major transactions in which the Group makes commitments loans

collections investments purchases etc The Committee monitors trends in

risk indicators and sets guidelines for risk management

RISK STRATEGY