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Geschäftsbericht 2015, englisch

9 Risk Report 34 Corporate Planning 41 Counterparty Risk Market Price Risks Liquidity risks Investment Risk Operational Risks Ability to bear risks Use of Finance Instruments for Hedging Purposes Accounting-Based Internal Control and Risk Management Procedures 34 37 39 40 40 40 41 41 Outlook – Opportunities and Risks 44 Economic development and financial markets property and property financing markets Development of Business at Münchener Hypothekenbank 44 45 46 Risk, outlook and opportunities report

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