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Risks
1. Interest rate risk- The interest rate environment could change, causing Peoples Bancorp Inc to annually reassess its strategy, costing the company money in new loans and higher interest rates.
2. Credit risk- Peoples Bancorp Inc. could experience losses due to loan default or loan losses.
3. Technology risk - Peoples Bancorp Inc. could experience technology glitches, including outages or cyber security breaches, which could adversely affect its operations.
4. Liquidity risk- Peoples Bancorp Inc. could experience a lack of liquidity if it is unable to access sufficient funding to meet its operational needs.
5. Operational risk- The bank may not have adequate risk management controls to protect against potential operational losses resulting from errors, failures in risk management, or general operational failures.
6. Regulatory risk- Changes to laws and regulations could adversely affect Peoples Bancorp Inc operations, including increased compliance costs or a decrease in banking services offered.
7. Reputational risk- Peoples Bancorp Inc. could face damaging publicity if one of its customers or services leaves a negative review or if a customer claims to be the victim of fraud or unethical behavior.