General Risk Profile
AXA Bank Europe’s core business is retail banking based on simple product offers. It is not involved in Investment banking, corporate banking, structured finance or trade finance.
Its treasury and financial market activities are limited as AXA Bank Europe maintains a very conservative approach to market risks, Asset & liability management and interest rate risk management.
As such, being a retail bank, AXA Bank Europe’s risk management policy is based on following key principles:
- A qualitative retail credit risk portfolio
- A high quality sovereign, local authorities, international institutions and bank counterparties portfolio
- Standard operational risks
- Prudent market, asset & liability and interest rate risk
Please find herewith ABE's 2008 Disclosure Report (pdf) prepared in accordance with Basel II Pillar III requirements.
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