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7

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roi'(;l~ddn11d~Vlfi'll1~~f~ --.os

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'f)rJ1~1'j'n~ 1'l.!U 2550 fi'l.!1~1'j'bb~~U'j':::b'Vlf"l1'VlfJbb'C1:::IP1~ruru11~1t91'31n1'j'"II'f)1.jf,)~b~'l.!1?I11,J.ji'f)l?In'C1~..~ ~

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17.4 f'1 ~.w'f)~;'f)~

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91'l.!')'l.! 16,728.5 !Gf1'l.!U1'Vl sn~1'l.!"Ilru:::ufT~1~'Vl'j'1U~'C1"I1'f)~~~ bb'C1:::~1nm'j'~1r;)n1'j'rub~'f)~~ii~-Vl'6'!r;) ~,)11,J....~ ...

c;l1bU'l.!~1'l.!"II'f)~ fiU'Vl.

18. m'iU~m'if'1'J11,Jb;!I~"lI'f)~ fiU'V1.

-4 -18. 1 n1'iU'i~1'if'1'J1~ b~!I~'V11~n1'ib~'l.!

18.1.1 f'1'J1~b;!I~'V11~n1'ib~'l.!"lI'f)~ fiU'V1.

~,)11,J b~fJ~~rf!n~31 ~'C1 (:;)'f)~Un1'j'b~'l.!"II'f)~ fiU'Vl. 31 r;;~~

18.1.1.1 ~,)11,Jb~fJ~t91'1'l.!rffl?l'j'1bb'C1nbU~fJ'l.! (Foreign Exchange Rate Risk) bnr;)~1nm~

~'l.!'Vl'f~~"II'f)~ fiU'Vl.U'j':::n'f)Ut91',)fJ~'l.!'Vl'f~~~ bU'l.!~'l.!I?Id1(:;)1~U'j':::b'Vlf"lbU'l.!~,)'l.!1~cY ~~91bU'l.!1'l.!m'j'c;l1bU'l.!'l.!LfJU1U

n1'j'b~'l.!bb'C1:::r;) bb'C1 b'6'!i1fJ'j'1l1~1P11 b~'l.! b~'f)'6'!~1~~,)11,J b~'f)J'l.!"II'f)~'6'!1fi1'j'ru'JI'l.!:rt~1'l.!u'j':::b'Vlf"l bb'C1:::(:;)1~U'j':::b'Vlf"l(:;)'f)...0 "

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n 1?111,J ~~1P11 ~'l.!U1'Vl31 ~,)11,J ~'l.!~,)'l.!1,J1n n11'j'~1'f)"Il1r;)'Vl'l.!~1nrff 1?I'j'1 bb'C1nbU~fJ'l.!n31 ~,)11,J~'l.!~,)'l.!1,J1n b-rl'l.!b~fJ,)r1'l.!.0" ,

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r;)'f)n bUfJ1l1fJ1'l.!u'j':::b'Vl f"Isn~ bU'l.!~'C1~1nn1'j'c;l1 bU'l.!'l.!LfJU1fJn1'j'b~'l.! 'f)1~ bbl?ln(:;)1~~1nrff[;l'j'1r;)'f)n bUU-Vl fiU'V1.

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n1ru1~'l.!~1'j"f)~'j':::~11~U'j':::b'Vlf"l1u'C1~'Vl'l.! 1'l.!~'l.!'Vl'f~~ (:;)1~U'j':::b'Vlf"l ~~ ~'C11~ bn r;)~,)11,J b~U~." 0 , 0

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n. 'fnli11,J'C11P11"I1'f)~ ~'l.!~1'j"f)~'j':::~11~U'j':::b'Vlf"l b~'f) b-VlfJUlP11 bU'l.!b~'l.!'6'!n'C1~31~,)11,JJ'l.!~~'6'!~

"II. ~,)11,J b~fJ~'Vl1~n1'j'b~'l.! Lr;)fJ'j',)1,J"II'f)~ b~'l.!~1'j"f)~'j':::~11~U'j':::b 'Vl f"I'f)rJ1 'l.!'j':::r;;u~u'f)1,J'fu1t91'.....d .oJ...

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17

LL U 'JVl1~ mru1",1 d~'J1 ~ L~ fJ~Vl1~ md~ UL ~ ~ '6'1 tP1 ~ '6'1 fl d:::VlU r;i ~n1ru 1",1 d~ U~ 1 ffi~ d:::"'~ 1~".1 "'... '"

lJd:::LVlM ~tP1~U

18.1.2. 1 ~'J1~ L~fJ~c;11Ul91'6'11tP1 (Market Risk) Ud:::n~Uc;1'JfJ~'J1~L~fJ~c;11Ute)'l91d1", "

tP1~nLUfJ (Interest Rate Risk) en~LntP1'GJ1nn1d'6'l~VlU1U~UVlf'l"lU LL'6'I:::~'J1~L~fJ~c;11Ute)'l91d1LL'6'InLU~fJU.I (Foreign Exchange Rate Risk) ~~LntP1'GJ1nn1d'6'l~'VJu1U'i'lfJ'6'IL~U

fiUVI. u1md~'J1~ L~fJ~c;11Ul91'6'11tP1 LtP1fJn1drl1"'UtP1~~ r;lUd:::n~U"1J~~~UVlf'l"lU

LL'6'I:::'i'lfJ'6'IL~U"1J~~n~~'VJu~1.jfLUUv1'J!11ifJ1~~~ (Benchmark Portfolio) LL'6'I:::~n1drl1"'UtP1d:::v1U~'J1~L~fJ~~

fJ~~fULc;1'GJ1fln1dL~fJ~ LUU'GJ1n v1'1111ifJ1~~~ (Tracking Error Limits) LtP1fJ LLfJn LUUd:::v1un1dL~fJ~ LUUc;11U" , , ,

~UVI f'l"lu LL'6'I:::c;11U'i'ln'6'l L~U d'J~-v1~~d:::UUfl1d~'JU ~~ tP1 LL'6'IL~1i;{~n1d'6'l~VlUVl LUfJ~ LUULU'GJ1nd:::v1U ~'J1~ L~fJ~..OJ ...J 0

VI fl 1", UtP1

"1Un1d9tP1~1v1'1111ifJ1~~~iiu Lc;11.jf",tlfnn1d'i'l1n'6'l (Black-Litterman Asset

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ru d:::v1U~'J1~L~fJ~",iJ~ 1 sn~ LUUIPi1~'J1~L~fJ~d'J~"1J~~~'J1~ L~fJ~ c;11Ute)'l91d1tP1~n LUfJ LL'6'I:::~'J1~ L~fJ~c;11U," , , .

te)'l91d1LL'6'IflLU~fJU u~n'GJ1niiu fiUVI. rJ~~1n1d'?JL~d1:::",,"~'J1~L~fJ~LtP1fJ'?Jfi Stress Test L~~91ntP1~'6'Ind:::VlUVI

~1'GJ Ln tP1~ur;i~ L~U~1 d~~d:::"'~1~Ud::: LVI M1l1fJ 1c;1'i'11l1'J:::l91 '6'11 tP11:9l1~1

18.1.2.2 ~'J1~L~fJ~c;11UL~d~l91 (Credit Risk) R~ ~'J1~L~fJ~~ fiUVI. ~1'GJ'bJ1c;1fun1Ji1d:::iP)u", ,

~Uc;1u",1~tP1~nLUfJ fiUVI.

LLU'JVl1~n1du1"'1d~'J1~L~fJ~c;11UL~d~l91"1J~~ fiUVI. ~v1~d

(1) rl1"'UtP1te)'Uv1UL~d~l91~U~1 (Minimum Credit Rating) "1J~~~fr1LL'6'I:::~~~n

191d1'i'11d L~~91ntP11i;{d:::v1U Credit Value-at-Risk ~U1Ud:::v1U~~1~1nOJ

(2) rl1",UtP1 Aggregate Credit Exposure Limits "1J~~~fr11UlU"1J~~ Deposit

equivalent exposure LtP1fJ~'GJ1dru1'GJ1flte)'Uv1UL~d~l91LL'6'I:::91U'JUlPifr1~L"'~1:::'i'I~OJ

(3) rl1",UtP1 Individual Credit Exposure Limit "1J~~lPifr1l911~te)'Uv1UL~d~l91 LC;)fJOJ

~n1dufu Limit 1911~ L~i~~~ LLU'J Lii~fl1dUfu'6'I tP1te)'Uv1U L~d~l91ri~un1dUfu'6'ItP1te)'Uv1U L~d~l91'GJ1~

(4) rl1",UtP1 Sovereign Credit Limits LtP1fJ~'GJ1dru1'GJ1flte)'Uv1UL~d~l91"1J~~LLr;i'6'l:::

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18.2.1 n1~u~~LiJ'lJn1~IPI'JlJrJ~r?1"JtJLP1'IJL'a~ (Control Self -Assessment :CSA) 1'IJU 2550

fiU'V1. u~~LiJ'lJn1~IPI'JlJrJ~r?1"JtJLP1'IJL'a~LP11~n~'alJn1~u~~LiJ'IJ'1I'a~ Committee of Sponsoring Organizations

of the Treadway Commission: COSO L~tJlr?1'~1LiJ'lJn1~IPI~lJ1'IJ'V1n~'J'IJ~1'IJ'1I'a~fi'IJ11P11~ ~~LU'IJLP11~~~LUtJ1J.'0 " "

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