Country Risk
Country risk is the risk that economic, social, and political conditions and events in a foreign country will affect the current or projected financial condition or resilience of a bank.
Learn More
Country Risk Management (Comptroller's Handbook, February 2016)
Provides an overview of country risk, appropriate procedures, and examiner guidance
References
Informal or Implied Support from Foreign Governments (Implied Sovereign Support) (OCC 2018-25)
Discusses the role of informal or implied sovereign support in determining a borrower's obligor and facility credit risk ratings.
Country Risk: Changes to the Interagency Country Exposure Review Committee Process (OCC 2009-8)
Discusses changes to the Interagency Country Exposure Review Committee (ICERC) review process
Country Risk : Sound Risk Management Practices (OCC 2002-10)
Interagency guidance addresses sound risk management practices for country risk and describes the elements of an effective risk management process