Commerzbank offers a unique perspective on African tail risks

Africa’s transformation into one of the most dynamic and fastest growing economies in the world, outpacing even East Asia, may seem surprising. Yet the region’s ability to surprise is unsurpassed. In an article written for Trade & Forfaiting Review, Commerzbank’s Senior Relationship Manager for Africa, Florian Witt, suggests that the increasing frequency of ‘tail events’ – low probability events that, if they were to occur, would have a considerable impact on a company’s trading contracts, investments, or even property in a particular country – has forced banks to undertake a root and branch reassessment of their risk management policies. And the answer to their headaches may be found by harnessing local bank expertise.

To read the full article please click here


Leave a Reply

Your email address will not be published.