APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT

Bank operational risk is a fact of modern banking, and the right approach to this risk is a prerequisite for a more efficient financial banking management. Each banking company according to regulations set by the Central Bank of Romania (BNR) and by Basel Agreement II is forced to determine the nece...

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Main Authors: Poliana Alexandra Iovicescu, Persida Cechin Crista, Timeea Maria Dumescu
Format: Article
Language:English
Published: Sciendo 2012-01-01
Series:Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
Subjects:
Online Access:http://studiaeconomia.uvvg.ro/index.php?option=com_content&view=article&id=295:approoch-to-operational-risk-in-financial-banking-management&catid=40:2012-partea-4&Itemid=71
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author Poliana Alexandra Iovicescu
Persida Cechin Crista
Timeea Maria Dumescu
author_facet Poliana Alexandra Iovicescu
Persida Cechin Crista
Timeea Maria Dumescu
author_sort Poliana Alexandra Iovicescu
collection DOAJ
description Bank operational risk is a fact of modern banking, and the right approach to this risk is a prerequisite for a more efficient financial banking management. Each banking company according to regulations set by the Central Bank of Romania (BNR) and by Basel Agreement II is forced to determine the necessary capital which would cover operational risk.This effective management of operational risk requires in fact, at the level of the banking system, the development of certain methods and mechanisms which diminish the negative effects which cause events determining operations risk
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spelling doaj.art-4daeb47c68ad4747b032ad70b6d825c62022-12-22T04:01:01ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652012-01-012241016APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENTPoliana Alexandra IovicescuPersida Cechin CristaTimeea Maria DumescuBank operational risk is a fact of modern banking, and the right approach to this risk is a prerequisite for a more efficient financial banking management. Each banking company according to regulations set by the Central Bank of Romania (BNR) and by Basel Agreement II is forced to determine the necessary capital which would cover operational risk.This effective management of operational risk requires in fact, at the level of the banking system, the development of certain methods and mechanisms which diminish the negative effects which cause events determining operations riskhttp://studiaeconomia.uvvg.ro/index.php?option=com_content&view=article&id=295:approoch-to-operational-risk-in-financial-banking-management&catid=40:2012-partea-4&Itemid=71operational riskbank fraudbank capitalrisk management
spellingShingle Poliana Alexandra Iovicescu
Persida Cechin Crista
Timeea Maria Dumescu
APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
operational risk
bank fraud
bank capital
risk management
title APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT
title_full APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT
title_fullStr APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT
title_full_unstemmed APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT
title_short APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT
title_sort approoch to operational risk in financial banking management
topic operational risk
bank fraud
bank capital
risk management
url http://studiaeconomia.uvvg.ro/index.php?option=com_content&view=article&id=295:approoch-to-operational-risk-in-financial-banking-management&catid=40:2012-partea-4&Itemid=71
work_keys_str_mv AT polianaalexandraiovicescu approochtooperationalriskinfinancialbankingmanagement
AT persidacechincrista approochtooperationalriskinfinancialbankingmanagement
AT timeeamariadumescu approochtooperationalriskinfinancialbankingmanagement