 QUALITATIVE AND QUANTITATIVE ASPECTS OF OPERATIONAL BANKING RISK IN ROMANIAAdela Socol Annales Universitatis Apulensis Series Oeconomica, 2007, vol. 1, issue 9, 20 Abstract: The purpose of this paper is to present the quantitative and qualitative aspects of operational banking risk to the level of Romanian banking societies. The study focuses on the implementation and maintenance of an operational banking risk management framework. The paper is organized as follows: first, it describes the operational banking risk. Second, the paper presents the means through the banks quantify the operational banks. Third, it is present the challenges of measurement of the operational banking risk for supervisory authority and banks. The active banks in Romania must determine their capital necessary for covering the operational risk using one of the three means of quantification mentioned by the Basel II Agreement, assumed by the Capital Adequacy Directive and by the national legislation - the National Romanian Bank's regulation regarding the operational risk: the Basic Indicator Approach, the Standardized Approach and Advanced Measurement Approaches. Banks may choose one of the three methods mentioned above. Keywords: operational risk; bank; operational risk management (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:alu:journl:v:1:y:2007:i:9:p:20 Access Statistics for this article More articles in Annales Universitatis Apulensis Series Oeconomica from Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.