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Insurance Of Banking Operational Risk

Author

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  • Bente Corneliu Cristian

Abstract

The current financial crisis is not a singular event in the history of crisis episodes. The essential difference between past episodes of financial turmoil and the actual crisis is the unprecedented severity, the pace of contagion and its global size. Financial markets have been seriously disturbed, threatening the robustness of financial institutions and their ability to meet current needs to properly manage the risk. One such risk is operational risk, which has become an important source of loss for credit institutions. In this context, the main purpose of this study is to present the best techniques and methods of managing this risk, less addressed problem in the literature from our country.

Suggested Citation

  • Bente Corneliu Cristian, 2010. "Insurance Of Banking Operational Risk," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 307-311, July.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:1:p:307-311
    as

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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n1/047.pdf
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    References listed on IDEAS

    as
    1. Vasile DEDU & Roxana NECHIF, 2010. "Banking Risk Management in the Light of Basel II," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 2(2(543)), pages 111-122, February.
    2. Nicolae DARDAC & Petronel CHIRIAC, 2010. "The Management of Operational Risk Specific to Non-banking Financial Institutions in the Context of Actual Financial Crisis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 4(4(545)), pages 93-100, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    liability; damage; attack;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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