Bank of Communications

1. Cyber-security Risk: The Bank of Communications is exposed to the threat of cyber-attacks, data theft and other malicious activities. It is important for the bank to maintain robust security measures to protect their customers’ data and digital assets.

2. Regulatory Risk: Regulatory uncertainty in China and around the world can threaten the bank's reputation and operations. As the banking industry continues to evolve and stricter regulations are being implemented, the Bank of Communications must remain compliant with current rules and adapt to any new ones that emerge.

3. Credit Risk: Banks are always exposed to some level of credit risk. The Bank of Communications may be at risk if customers default on their loans or credit cards and it is unable to recover its losses.

4. Market Risk: Changes in the economic environment can have an impact on the Bank of Communications’ performance. The bank is exposed to changes in exchange rates, interest rates and other market conditions that could negatively affect its financial performance.

5. Operational Risk: Banks are also subject to operational risks such as inadequate internal controls, IT systems outages and employee misconduct. The Bank of Communications must implement systems and procedures to mitigate these risks and improve its operational efficiency.