Reputation risk definition

Reputation risk means the risk of loss of trust in the integrity of a credit institution caused by adverse public opinion on the credit institution's business practices, regardless of whether there are any grounds for such a public opinion or not;

Reputation risk any risk that could harm the reputation and standing of EVERTEC in its community as a result of unsatisfied customers, inappropriate product recommendations, disclosure of customer information, or violations of laws and regulations. • Operational risk: any risk of loss resulting from inadequate or failed internal processes, personnel, or systems, including a Service Provider’s failure to perform as expected due to reasons such as inadequate capacity, technological failure, human error or fraud.

Reputation risk means the risk that an AI’s reputation is damaged by one or more than one reputation event, as reflected from negative publicity about the AI’s business practices, conduct or financial condition. Such negative publicity, whether true or not, may impair public confidence in the AI, result in costly litigation, or lead to a decline in its customer base, business or revenue.

Examples of Reputation risk in a sentence

• Reputation risk is recognized by the effect that public opinion could have on First Financial's franchise value and has evolved in recent years with the growth in social media.

• Reputation risk represents the risk of loss due to impairment of earnings and capital from negative publicity.

• Reputation risk is recognized by the potential effect that public opinion could have on First Financial's franchise value.

• Reputation risk is inherent in all bank activities and requires management to exercise an abundance of caution in dealing with customers, counterparties, correspondents, investors and the community.

• Reputation risk, or the risk to our earnings and capital from negative public opinion, is inherent in our business.

• Reputation risk is the risk that the Company’s corporate image may be eroded by adverse publicity, about real or perceived issues, as a result of business practices of Manulife or its representatives potentially causing long-term or even irreparable damage to the Company’s franchise value.

• Reputation risk represents the risk of loss or impairment of earnings and capital from negative publicity.

• Reputation risk arises from both internal and external environmental factors, and cannot be managed in isolation from other risks, but only as an integral part of the Company’s integrated risk management approach.

• Reputation risk is the risk that negative publicity or press, whether true or not, could cause a decline in our customer base or revenue.Credit Risk Management.

• Reputation risk If any negative news or malicious rumor is spread regarding the banking industry or the Company group, then it may adversely affect the stock price of the Company, regardless of whether it is correct or not, and whether it refers to the Company group or not.

More Definitions of Reputation risk

Reputation risk means any of the following events if reasonably be expectedto have a material adverse impact on the “namedinsured’s” reputation in its marketplace:

Reputation risk means the risk that the Bank’s activities or practices will be judged by the public to be negative, whether that judgment is with or without basis, and will adversely affect the perception, image or trademarks of the Bank, potentially resulting in litigation or loss of income.

Reputation risk means the potential that negative publicity regarding the business of a company, whether true or not, will cause a decline in the customer base or in revenue, or increase expenses relating to legal assistance.