BANK of Greenland Risk Report 2023

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Key Highlights

The following are some key points extracted from the “BANK of Greenland Risk Report 2023”:

• Sector companies: The BANK of Greenland has acquired shares in several sector companies to support its business operations. These shares are valued quarterly, semi-annually, or annually based on new information from each company.
• Unlisted shares: The bank owns unlisted shares in a Greenlandic enterprise with which it has collaborated. These shares are measured at net book value less any impairment losses.

Risk Management Strategies

Interest Rate Risk

The bank’s interest rate risk consists of fixed-rate assets, including:

• Loans
• Advances
• Accounts receivable from credit institutions
• Fixed-rate deposits

At the end of 2022, the bank had an interest rate risk of TDKK 1,428.

Gearing Risk

The bank has a leverage ratio that cannot be lower than 10%. This means that excessive leverage occurs when the leverage ratio falls below 10%.

Leverage Ratio Exposure

The bank’s total leverage ratio exposure is TDKK 10,615,407.

Conclusion

The report appears to be in compliance with regulatory requirements and provides a comprehensive overview of the bank’s risk management strategies and exposures. However, without more context or additional information, it is difficult to provide a more detailed analysis or interpretation of the report.