Morgan Cummings
01/28/2024 · Senior High School
"In addition, she said banks operating in Africa need to have a more end-to-end approach to risk management, considering bankability at all stages." As a followe up to Question 1 above and in addition to the solutions recommended in the anticle, recornmend how Southern African financial institutions can improve their risk management strategy.
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Southern African financial institutions can improve their risk management by integrating various risks, using advanced data analytics, ensuring regulatory compliance, fostering a risk culture, conducting regular stress tests, collaborating with stakeholders, implementing strong customer due diligence, considering ESG factors, enhancing cybersecurity, and learning from past events.
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