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QUESTION 2 ( 2 0 Marks ) The Managing Director of First Mutual Bank Limited a leading financial institution in Southem Africa has requested you

QUESTION 2
(20 Marks)
The Managing Director of First Mutual Bank Limited a leading financial institution in Southem Africa has requested you to provide a detailed report in which you critically discuss what scenario-based planning entails and its appropriateness for the banking sector. Your response should be in the context of risk modelling.
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