ISBN-13: 9781502894311 / Angielski / Miękka / 2014 / 36 str.
Financial institutions increasingly do business abroad to diversify and expand their sources of revenue and profitability. This strategy exposes the bank to country risk and raises the potential for financial loss. Country risk is the risk that economic, social, and political conditions and events in a foreign country will affect an institution. To manage this risk, banks must institute adequate systems and controls over their international activities.