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The Risk in the Banking – Need to Identify and Manage

Author

Listed:
  • Maria Vidolova

    (Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski)

  • Angel Georgiev

    (New Bulgarian University)

Abstract

The article examines the essence and main elements of risk on banking, history and evolution in the standards governing the management of the risk. The legal base regulation risk management in banking institution goes a long evolution. The authors made the comparative analysis on the basic principles in the development of international standarts Bazel I, Basel II and the new Basel III, and the process of change and upgrade as the general framework and in the implementation of these principles in local practices.

Suggested Citation

  • Maria Vidolova & Angel Georgiev, 2013. "The Risk in the Banking – Need to Identify and Manage," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 11(1), pages 51-64, March.
    • Handle: RePEc:sko:yrbook:v:11:y:2013:i:1:p:51-64
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