IDEAS home Printed from https://ideas.repec.org/a/cbk/journl/v3y2014i1p81-100.html
   My bibliography  Save this article

Sustainable Risk Management in the Banking Sector

Author

Listed:
  • Ivo Županović

    (Faculty of Management, Herceg Novi)

Abstract

The globalization of financial markets and negative consequences of the financial crisis resulted in negative connotations in the operation of many financial institutions, businesses and citizens and imposed the need to implement appropriate risk management measures in the banking sector. Evolution of the financial sector makes a lot of news in the field of risk management and particularly the modelling of market, credit and operational risk. The main methodology for risk management is the value-at–risk, which is used in practice with other techniques such as the capital- at-risk method in order to minimize business risks and achieve optimal results in the banking and, generally, financial operations. Accordingly, at all levels of governance in the banking sector, there are prudential policies in place governing the management of all types of financial and operational risks. Based on the abovementioned, the focus of the examination was on the above postulate, and prompt recognition, control and proper management of banking risks.

Suggested Citation

  • Ivo Županović, 2014. "Sustainable Risk Management in the Banking Sector," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 3(1), pages 81-100.
    • Handle: RePEc:cbk:journl:v:3:y:2014:i:1:p:81-100
    as

    Download full text from publisher

    File URL: http://www.cbcg.me/repec/cbk/journl/vol3no1-6.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Roberto Ercegovac & Mario Pečarić & Ivica Klinac, 2020. "Bank Risk Profiles and Business Model Characteristics," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(3), pages 107-121.
    2. Elena Shustova & Vesselin Blagoev, 2018. "Risk Management in the Internet Banking. The Case of Kazakhstan," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 135-146.

    More about this item

    Keywords

    banking sector; financial risks; risk management mechanisms; supervision; measuring methods;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbk:journl:v:3:y:2014:i:1:p:81-100. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/cbmgvme.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.