Operational Risks in the Banking Industry

Autor(i)

  • Lidija Grdošić Faculty of Economics and Business Zagreb, Republic of Croatia

Ključne riječi:

banks, economy, operational risks, risk management, quality

Sažetak

The goal of this paper is to point out the current situation in the banking sector related to its risks (credit risk, market risk, liquidity risk, concentration risk) with a special emphasis on today’s one of the major types of banking risk, the operational risk. This phrase contains the risks of losses which could happen due to the inadequacy of internal processes, human errors, poor implementation of information systems or possible risky external events, so legal risks are also often included in the definition of operational risks. In this paper the tools to identify and evaluate those risks, capital requirements for operational risk and finally the role of supervisors in managing these types of risks will be given.

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Reference

Basel Committee for Banking Supervision (2003) “Best practices for operational risk management and control of it (Dobre prakse za upravljanje operativnim rizikom i nadzor nad njim)”. Available at: http://www.hnb.hr/supervizija/papiri-bazelske-komisije/h-dobre-prakse-za-upravljanjem-operativnim-rizikom.pdf (29/12/2015)

Bosilj-Vukšić, V., Kovačić, A. (2004) “Business Process Management (Upravljanje poslovnim procesima)”, Sinergija – nakladništvo d.o.o., Zagreb, p.9

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Šarlija, N. (2008) “Bank Risks – lectures for class “Credit Analysis” (Rizici u bankama – predavanje za kolegij „Kreditna analiza”)“. Available at: http://www.efos.unios.hr/kreditna-analiza/wp-content/uploads/sites/252/2013/04/4_rizici-u-bankama.doc.pdf (25/1/2016)

The Business Dictionary. Definition of risk. Available at: http://www.businessdictionary.com/definition/risk.html(11/4/2016)

The Free Dictionary. Legal Dictionary. Definition of a credit institution. Available at: http://legal-dictionary.thefreedictionary.com/Credit+institution (11/04/2016)

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Objavljeno

2016-10-31

Kako citirati

Grdošić, L. (2016). Operational Risks in the Banking Industry. ENTRENOVA - ENTerprise REsearch InNOVAtion, 2(1), 147–154. Preuzeto od https://hrcak.srce.hr/ojs/index.php/entrenova/article/view/14206

Broj časopisa

Rubrika

Financial Economics