Risk management process in banking industry
Turgut Türsoy
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper covers the latest amendments proposed by the Basel Committee for managing the banking risks through the process of risk management. All the necessary steps in the process are explained in this paper to explain why banks need to have the BIS application to cover any losses from their activities. In summary, as a result of the latest crises, the Basel Committee has developed a new model for covering the shortage of liquidity at the bank level in order to improve their situation to well-performing levels. The main findings in this paper are that as a monetary authority, the support and development of the Basel applications in the banking industry is the most effective option and is a critical necessity for internationally serving banks around the world to continue their activities in a healthy manner.
Keywords: Risk Management; Basel; BIS (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2018-04-30
New Economics Papers: this item is included in nep-ban and nep-rmg
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:86427
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