Risk culture

Rentenbank’s risk culture shapes its understanding of dealing with risks on a day-to-day basis. It comprises all standards, attitudes, and behavioural patterns related to risk awareness, risk appetite, and risk management. Rentenbank has determined and defined the requirements for its risk culture. It has also defined key indicators for monitoring the active implementation of the risk culture. As core elements of the risk culture, all senior managers and staff members are required to handle the Bank’s risks responsibly and independently within the scope of their assigned responsibilities. All senior managers and staff members are accountable for their conduct with respect to risks. The risk culture status quo was determined by means of an employee questionnaire and measures to further improve the risk culture were formulated.