BANK RISK MANAGEMENT – THE MAIN PROBLEM OF THE MONETARY ECONOMY Cover Image

BANK RISK MANAGEMENT – THE MAIN PROBLEM OF THE MONETARY ECONOMY
BANK RISK MANAGEMENT – THE MAIN PROBLEM OF THE MONETARY ECONOMY

Author(s): Alexandru Olteanu, Mădălina Antoaneta Rădoi
Subject(s): Economy
Published by: Universitatea Nicolae Titulescu
Keywords: operational risk; credit risk; liquidity risk; standards and limitations; RAROC model; VAR model

Summary/Abstract: After the 70’s when there had started a series of economic crises, of raw materials and financial and banking crises, the world economy has experienced strong inflationary processes, fluctuations in exchange rates and increasing competitive processes as a consequence of the removal of control on international capital transfers, the development of information technology systems, etc. All these situations, as well as the absence of clear and transparent regulations for prudential banking, have led to the diversification and deepening of financial and banking systems, having an impact on the bankruptcy process of a large number of banks and financial institutions. Such phenomena have been strongly felt even at present – during the years 2008 and 2009 – and they require the existence of approaches to the superior level of techniques and procedures referring to the regulation and management of banking resources in relation to the previous ones. The modest approach to bank risks management also falls in this context.

  • Issue Year: XVII/2010
  • Issue No: 1
  • Page Range: 275-283
  • Page Count: 9
  • Language: English