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Areximbank – Gazprombank Group focused on operational risk management

23.05.2013 14:45

Areximbank – Gazprombank Group focused on operational risk management

YEREVAN, May 23. /ARKA/. Areximbank – Gazprombank Group pays special attention to operational risk management, the bank’s press service reported.

“Before, operational risks played a secondary role with the key role given to the “profile” credit risks”, says the report. Today operational risks imply the greatest financial and reputation risks, according to the report.

The operational risk management model introduced by the bank is similar to the one used in the parent Gazprombank and is in full compliance with the requirements of Basel Committee.

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