Operational risk

Operational risks within Swedbank should be maintained on a low level. Risk-taking shall be limited within the framework of what is economically justified. Operational risks that can damage Swedbank's reputation and brands should be minimized and given special consideration. For these reasons, Swedbank has prepared an internal set of regulations for the management of operational risks. These regulations contribute to improve Swedbank’s preparedness in the face of adverse events that, by their nature, are difficult to predict and could result in financial losses.

Swedbank defines operational risk as the risk of losses resulting from inadequate or failed internal processes, human error, incorrect systems or external events.