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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Format: | Article |
Language: | English |
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Sciendo
2012-01-01
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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 |
first_indexed | 2024-04-11T21:58:33Z |
format | Article |
id | doaj.art-4daeb47c68ad4747b032ad70b6d825c6 |
institution | Directory Open Access Journal |
issn | 1584-2339 2285-3065 |
language | English |
last_indexed | 2024-04-11T21:58:33Z |
publishDate | 2012-01-01 |
publisher | Sciendo |
record_format | Article |
series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
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 |