VTB Group regards its Risk Management System as a most important business area directly affecting stability and efficiency of its banking activities.
VTB Group policies in risk management are focused on identification, analysis and management of current or potential risks facing VTB Group, and on setting adequate limits and monitoring their compliance.
Risk Management is based on risk assessment and efficient interaction between structural divisions. Risk Management System is composed of the following components:
Policies and procedures in risk management are regularly updated to meet the constantly evolving market environment and to match specifics of VTB Group products and services.