BNP ParibasBNP Paribas has weathered the financial turmoil well as it has reaped the benefits of its deeply ingrained prudent risk culture. No meaningful exposure to toxic assets exists at the bank, which shunned these products when the going was good and refused to develop business with subprime customers.
OP-Pohjola Group“The ongoing financial crisis has proven yet again that banking truly is a business of trust,” says OP-Pohjola Group executive chairman Reijo Karhinen. “Long-term success in this volatile industry can only be based on responsible business practices and advanced, prudent risk management.”
Banco BolivarianoBanco Bolivariano’s relatively conservative risk approach has proven an effective means for creating value for its clients, yet still providing solid risk-adjusted returns to its shareholders through the Ecuadorian financial system’s turbulent history and the current global financial crisis.
Danske BankDanske Bank, through its shared IT platform and the implementation of transformative new infrastructure such as the digital signature, electronic land registration and CRD credit data, provides a unique foundation for accelerating product development, improving process efficiency and giving its customers a flawless experience in all group units.
Raiffeisenbank CroatiaIn an effort to stave off potential overheating, the Croatian central bank imposed a 12% cap on lending growth at the start of 2007. While the prudence of this move has been amply demonstrated during the credit crunch that followed, it forced Croatian banks to think differently about how to expand their business.