Book traversal links for 3. Objectives of an ILAAP
3. Objectives of an ILAAP
No: 42012157 | Date(g): 17/10/2020 | Date(h): 1/3/1442 |
Effective from Aug 31 2021 - Aug 30 2021
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This section should present a description of the bank's specific objectives relating to liquidity, such as shareholder returns, rating objectives for the bank as a whole or for certain securities being issued, avoidance of regulatory intervention, protection against uncertain events, depositor protection, working liquidity and liquidity held for strategic acquisitions etc., along with sufficient liquidity resources to cover the nature and level of the liquidity risk to which it is or might be exposed, the risk that the bank cannot meet its liabilities as they fall due, and the risk that its liquidity resources might in the future fall below the level, or differ from the quality and funding profile from those considered as appropriate by SAMA.