Comprehensive Tactics for Managing Risk in the Banking Sector
1. Uday Odedra,
Student, The University of the Philippines, Philippines
2. Dan Wally Santos,
Student, The University of the Philippines, Philippines
Risk mitigation in banking is crucial for
financial stability and safeguarding stakeholders. Banks encounter credit,
market, operational, liquidity, and regulatory risks. Effective management
involves regular evaluations, diversification, robust controls, compliance
monitoring, and maintaining capital buffers.
Banks must integrate diverse risk
management strategies to remain resilient and contribute to economic stability.
A risk-conscious culture, comprehensive risk assessments, and adequate capital
levels are fundamental for protecting interests and fostering economic growth.
The author confirms sole responsibility for the following: study conception and design, data collection, analysis and interpretation of results, and manuscript preparation.
The authors did not receive any specific grants from funding agencies in the public, commercial, or non-profit sectors for the research, authorship, and/or publication of this article.
All authors declare that they have no conflicts of interest.
Not applicable
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I thank the following individuals for their expertise and assistance in all aspects of our study and for their help in writing the manuscript. I am also grateful for the insightful comments given by anonymous peer reviewers. Everyone's generosity and expertise have improved this study in myriad ways and saved me from many errors.
The University of the Philippines, Student, Philippines
The University of the Philippines, Student, Philippines
Copyright: ©2024 Corresponding Author. This is an open access article distributed under the terms of the Creative Commons Attribution License , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Odedra, Uday, and Santos, Dan Wally. “Comprehensive Tactics for Managing Risk in the Banking Sector.” Scientific Research Journal of Business, Management and Accounting, vol. 1, no. 2, 2023, pp. 10-12, https://isrdo.org/journal/SRJBMA/currentissue/comprehensive-tactics-for-managing-risk-in-the-banking-sector
Odedra, U., & Santos, D. (2023). Comprehensive Tactics for Managing Risk in the Banking Sector. Scientific Research Journal of Business, Management and Accounting, 1(2), 10-12. https://isrdo.org/journal/SRJBMA/currentissue/comprehensive-tactics-for-managing-risk-in-the-banking-sector
Odedra Uday and Santos Dan Wally, Comprehensive Tactics for Managing Risk in the Banking Sector, Scientific Research Journal of Business, Management and Accounting 1, no. 2(2023): 10-12, https://isrdo.org/journal/SRJBMA/currentissue/comprehensive-tactics-for-managing-risk-in-the-banking-sector
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