Bank ABC has established a Business Continuity Management (BCM) Programme designed to minimize service disruption and the potential impact on the Bank, our customers and our staff. This includes a BCM Policy that is approved by our Board together with written Business Continuity and Disaster Recovery plans and procedures that are subject to period independent review.
Although the specific details of our BCM arrangements are confidential for security reasons, Bank ABC maintains Business Continuity Plans (BCPs) that address risk scenarios and events of varying scope including, but not exclusively, loss of services or infrastructure, denial of access, cyber-attack and regional crises.
Bank ABC’s BCPs are focused on maintaining critical processes, including treasury, capital & liquidity and payment services, providing customers with uninterrupted access to their funds and maintaining effective communications with our customers, staff and other stakeholders. We aim to recover critical processes and systems within 4 hours of the activation of our BCPs.