Identification of all material risks and risk drivers, independent measurement and evaluation of these risks and ensuing risk and results based management as part of a risk strategy are crucial to successful risk management.
Commerzbank defines risk as the danger of possible losses or lost profits as a result of internal or external factors. We distinguish between quantifiable – i.e. measurable in the Annual Report or in terms of capital commitment – and non-quantifiable categories of risk such as reputational risk.
The Bank’s Board of Managing Directors defines risk policy guidelines within the scope of the group strategy which it defines and reviews on an annual basis. This group strategy represents the business and risk strategy and the general strategic conditions applying to the group, its segments and banking divisions. For detailed information on Commerzbank's risk management see the Risk Report in the Annual Report.
