Ethics and Integrity

Risk Management

We define operational risk as the possibility of losses occurring due to failures, deficiencies, or inadequacies in processes, people, systems, or external events. Risk management permeates the entire Organization, with all units and hierarchical levels having roles and responsibilities, including the Board of Directors and the Executive Board. The operational risk management structure is responsible for developing policies, processes, and procedures that allow the Institution to properly identify, assess, and manage operational risks.

Consolidated risk management is the responsibility of an operationally independent unit, free from conflicts of interest. It is linked to the Control Board, whose executive officer is responsible for operational risk management before the Central Bank of Brazil. Thus, we are not responsible for the management of third-party resources.

At Banco da Amazônia, we adopt a Corporate Operational Risk Management Policy, approved by the Executive Board and the Board of Directors, based on the optimization of controls, processes, and procedures. We adhere to the best practices recommended by the Basel Committee and the regulations of the Central Bank of Brazil.

Risk Management Report

Banco da Amazônia’s risk management reports present information on risk management and the calculation of Risk-Weighted Assets (RWA) and Reference Equity (PR).

The risk management process involves all process-managing units and permeates the risks present in all company activities, maximizing opportunities and minimizing negative effects.