Question: Risks are ordinarily categorized into operational risks, financial risks and strategic risks for purposes of facilitating risk responses and assigning responsibility for their management. Required:

Risks are ordinarily categorized into operational risks, financial risks and strategic risks for purposes of facilitating risk responses and assigning responsibility for their management.
Required:
Explain the various financial risks that Kenya Commercial Bank is exposed to and the appropriate risk mitigation strategies that its Enterprise Risk Management Committee (ERMC) can employ to manage them.

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Kenya Commercial Bank KCB may be exposed to various financial risks which can impact its financial stability and profitability These financial risks include 1 Credit Risk Explanation Credit risk is th... View full answer

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