Characteristics of Managing Operational Banking Risk
The objective of this paper is to provide a global perspective of the operational risk from a banking societies’ viewpoint. We describe the main regulations and settlements in the field and examine the various approaches of the operational banking risk. The paper presents the need of banks to managi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2008-12-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/354.pdf
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author | Leonardo Badea Adela Socol |
author_facet | Leonardo Badea Adela Socol |
author_sort | Leonardo Badea |
collection | DOAJ |
description | The objective of this paper is to provide a global perspective of
the operational risk from a banking societies’ viewpoint. We describe the main
regulations and settlements in the field and examine the various approaches of
the operational banking risk. The paper presents the need of banks to managing
operational risk. We study comparatively for a banking society the capital
charge for covering the operational risk under the basic indicator approach
and under the standardized approach. We present a case study of implementing
current capital requirements at the level of a Romanian banking society.
From the theoretical approach and from the description of quantifying of operational
banking risk, the results of this study insist on the importance of
measuring of operational banking risk and identifies major issues that need to
be considered to improve the managing operational banking risk. |
first_indexed | 2024-12-11T11:45:40Z |
format | Article |
id | doaj.art-4d4a54d4667b4fbeae1d949c81c41088 |
institution | Directory Open Access Journal |
issn | 1841-8678 1844-0029 |
language | English |
last_indexed | 2024-12-11T11:45:40Z |
publishDate | 2008-12-01 |
publisher | General Association of Economists from Romania |
record_format | Article |
series | Theoretical and Applied Economics |
spelling | doaj.art-4d4a54d4667b4fbeae1d949c81c410882022-12-22T01:08:28ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292008-12-01XV1218418678Characteristics of Managing Operational Banking RiskLeonardo Badea0Adela Socol1 „Valahia” University of Targoviste „1 December” University of Alba Iulia The objective of this paper is to provide a global perspective of the operational risk from a banking societies’ viewpoint. We describe the main regulations and settlements in the field and examine the various approaches of the operational banking risk. The paper presents the need of banks to managing operational risk. We study comparatively for a banking society the capital charge for covering the operational risk under the basic indicator approach and under the standardized approach. We present a case study of implementing current capital requirements at the level of a Romanian banking society. From the theoretical approach and from the description of quantifying of operational banking risk, the results of this study insist on the importance of measuring of operational banking risk and identifies major issues that need to be considered to improve the managing operational banking risk. http://store.ectap.ro/articole/354.pdf operationalbankingriskcapital adequacychallanges |
spellingShingle | Leonardo Badea Adela Socol Characteristics of Managing Operational Banking Risk Theoretical and Applied Economics operational banking risk capital adequacy challanges |
title | Characteristics of Managing Operational Banking Risk |
title_full | Characteristics of Managing Operational Banking Risk |
title_fullStr | Characteristics of Managing Operational Banking Risk |
title_full_unstemmed | Characteristics of Managing Operational Banking Risk |
title_short | Characteristics of Managing Operational Banking Risk |
title_sort | characteristics of managing operational banking risk |
topic | operational banking risk capital adequacy challanges |
url |
http://store.ectap.ro/articole/354.pdf
|
work_keys_str_mv | AT leonardobadea characteristicsofmanagingoperationalbankingrisk AT adelasocol characteristicsofmanagingoperationalbankingrisk |