Directions for Improvement of Banking Risk Management

Abstract

Banking risks are one of the most important problems of credit institutions, as they have a direct impact on the financial situation of a commercial bank and the entire financial system of our country. This article discusses the essence of banking risk, its types and causes. The reasons for the occurrence of bank risks of both external and internal nature are summarized. The principles of creating an effective risk management system are systematized. Strategic and tactical methods and tools of risk management are summarized. The mandatory elements of improving the efficiency of the bank risk management system are identified.