Country Risk Management Survey

Research Objectives

The Risk Management Association has surveyed financial service institutions to determine the range of practices and standards currently used for country risk management. In addition to providing benchmark data on current practice, the survey illuminates industry and regulatory trends the respondents think are likely to shape country risk management over the next few years.

The survey also includes sections for comments to describe what, if any, impact the recent credit crisis and market disruptions have had on the respondents' approach to country risk management in general and what the future holds for the country risk function.

Specific Objectives

Types of information included in the report:

  • Country risk organizational structure and governance.
  • Country risk monitoring tools and reporting.
  • Country/sovereign risk ratings.
  • Country risk appetite and limits.
  • Country exposure measurement.
  • Sovereign LGD.
  • Additional questions.
  • Country risk rating exercise.

Deliverables

The final report was issued in April 2014, to survey participants only. This comprehensive report contains detailed findings in its 182 pages for financial institutions based in the Americas, Australia, Asia, Europe, the Middle East, and Africa. It visibly describes the most prevalent methods, tools, and decision processes used to determine leading practices. You may view a synopsis of the Country Risk Management Executive Summary (PDF) by clicking on the aforementioned link. To purchase the complete survey, please contact Rosemarie Casler, 215-446-4081 or rcasler@rmahq.org. The cost of the report is $995 for an RMA member and $1,500 for a non-member.

Institutions interested in participating in future market risk studies should contact Fran Garritt, Director, Market Risk and Securities Lending at 215-446-4122 or at fgarritt@rmahq.org.

Participating Institutions

ANZ Investment Bank

CBIC

Northern Trust

ATB Financial

Citi

PNC Bank

Banco Santander

Commerzbank AG

Rabobank

Bank Julius Bär & Co. Ltd.

Commonwealth Bank

RBS

Bank of America

CTBC Bank

Royal Bank of Canada

Bank of Ireland

Deutsche Bank

Skandinaviska Enskilda Banken AB

Bank of Montreal

First Tennessee Bank N.A.

Standard Bank

Barclays

Goldman Sachs

Standard Chartered

BayernLB

HSBC

State Street

BB&T Corp.

ING Bank N.V.

The Bank of Nova Scotia

BBVA

JPM Country Risk

U.S. Bank N.A.

BBVA Compass

Macquarie Group

UBS

Bendigo and Adelaide Bank

Morgan Stanley

Unicredit

BNPP

National Australia Bank

Union Bank, N.A.

BNY Mellon

Natixis

UOB

Byblos Bank Group

Norddeutsche Landesbank

Wells Fargo Bank