Risks

2006/2007

2008/2009

Significance test

Mean

St.d

N

Mean

St.d

N

Changes

t

P -value

N

FINANCIAL RISKS

10.347

2.814

118

14.517

2.107

118

4.169

16.774

0.000

118

Credit

11.76

4.006

118

17.12

2.536

118

5.356

14.284

0.000

118

Liquidity

9.74

4.037

118

14.87

4.355

118

5.136

11.825

0.000

118

Interest rate

11.08

3.327

118

14.92

2.889

118

3.839

11.540

0.000

118

Foreign exchange

7.91

3.860

77

8.93

4.598

83

1.169

3.006

0.004

77

Equity

9.94

3.172

16

14.84

3.060

19

5.188

6.306

0.000

16

BUSINESS RISKS

11.330

2.185

118

12.838

2.006

118

1.508

10.075

0.000

118

Operational

12.38

4.244

100

13.41

3.647

109

.910

3.162

0.002

100

Compliance

12.07

3.255

118

15.49

2.312

118

3.424

10.970

0.000

118

Risk management^*

13.07

3.058

15

13.50

2.988

22

Competitive

12.69

3.166

118

13.27

3.082

118

.576

3.605

0.000

118

Legal

8.16

4.298

116

9.50

5.254

116

1.336

4.890

0.000

116

STRATEGIC RISKS

11.707

2.827

118

16.793

1.915

118

5.086

19.611

0.000

118

Systemic^*

13.33

2.309

3

16.47

1.977

59

Market

11.75

3.773

118

17.51

3.320

118

5.754

15.059

0.000

118

Real estate

11.79

4.251

105

18.42

2.538

114

6.495

14.853

0.000

106

Reputation

11.33

2.871

106

13.09

3.329

113

1.764

6.471

0.000

106

Economic

12.17

3.645

103

18.42

2.369

118

6.165

16.548

0.000

103

All risks

11.279

1.649

1349

14.651

2.845

1461

3.167

5.535

0.000

1349