It isn’t listed on the stock exchange, and its main “customers” are the general public, who benefit from a stable currency, a secure cash supply and payment systems which function smoothly. Target-based management ensures that the Bank is managed with results in mind. The focus here is on an effective and efficient use of resources.
Or they may need to adjust their decision-making process and thus adapt their governance structure and risk management procedures. It is important that banks provide qualitative and quantitative disclosures to support their commitments. As mentioned earlier, the recent ECB assessment shows that banks do not fully meet ECB expectations on disclosure of C&E risks.