Foreign exchange reserves and credit ratings In a survey by the BIS on the impact of reserve accumulation on credit ratings and external vulnerability of central banks in emerging markets, all 16 central banks who responded believed that reserve accumulation has some positive impact on sovereign credit ratings. Only in Columbia did the credit ratings not improve during periods of reserve accumulation.
risk management are intended to communicate to the banking industry BSP’s expectations on how technology-related risks should be viewed in the context of bank risk management. We all know how pervasive information technology has become in our banking business. These guidelines will aid in effectively identifying, measuring, monitoring and controlling banks’ technology risk exposure.