THEORETICAL ASPECTS OF THE MODERN RISK MANAGEMENT SYSTEM IN BANKS
Keywords:
banking institution, banking risk management, risk management, risk reduction strategy, regional factors of economic development, risk cultureAbstract
This article discusses the theoretical issues of the modern risk management system in a banking institution. The role and necessity of risk management in the banking business is determined. The role of risk management in financial activity as a strategic tool for optimizing the use of capital, taking into account risk, is disclosed. Particular attention is paid to the quality of risk management - the most important component of corporate governance, which allows you to control the totality of banking risks and minimize possible losses in an unfavorable economic situation.
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