THE PROCESS OF FINANCIAL RISK MANAGEMENT IN COMMERCIAL BANK

Abstract

Certain business activities involving risk, especially for banks, have importance for risk management. As banks take from short – term changes in the market. Therefore, the proposed theme of the work is devoted to the study of this problem and gives comprehensive analysis of measures to ensure the minimization of financial risks.
In the modern economy, the sphere of risk is a relatively new and almost unexplored industry. The banking system of the Republic of Kazakhstan is a significant part of the market economy, as well as financial and banking legal relations and emerging risks arising in the banking system constitute the main part of the banking system. The specific methods and techniques used in decision – making in the context of risk will depend on the strategy of achieving the goals in the form of the Bank's activities.
An appropriate system is needed to implement the financial risk management process. The financial risk management system should ensure the objectives of the commercial Bank within the framework of the credit and Deposit policy.