Banks are in the business of taking risk for profit, this differs from other industries. Without good risk management, banks would fail with disastrous consequences. Part 3 has been designed to provide an easy to understand overview of the following areas that form the foundation of risk management in banking:

• Risk vs. opportunity.
• The main risk types that can result in a profit or loss.
• Consequential risks.
• Hard to quantify risks.
• Introduction to Credit risk.
• Introduction to Liquidity risk.
• Introduction to Interest rate risk.
• Introduction to Market risk.
• Introduction to Operational risk.
• Introduction to Regulatory risk.
• The future with Digital finance - 7 mega trends.