RISK MAPPING AS A FORM OF BANKING IMMUNITY RESPONSE TO COVID-19 PANDEMIC

Climate change and technological innovation expose banks to \new risks." The COVID-19 pandemic has accelerated and ampli¯ed these e®ects. This paper investigates how the traditional tool of the risk map can incorporate these \new risks" for banks. We develop the con¯guration of the risk map under the in°uence of the COVID-19 pandemic in the context of economy digitalization for an anonymous Bank X. We show that the risk map is still a useful tool for identifying risks in banks, appreciable for its simplicity and adaptability especially in evolving contexts. The main contribution is the construction of a methodological framework that is useful for operators and provides banking industry decision makers with a supporting tool to adequately respond to the changing environment.