This article is devoted to the peculiarities of risk management in commercial banks of
Ukraine. The authors have examined current approaches to the definition of the concept of
“risk management” and also have defined the approaches of the National Bank of...
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This article is devoted to the peculiarities of risk management in commercial banks of
Ukraine. The authors have examined current approaches to the definition of the concept of
“risk management” and also have defined the approaches of the National Bank of Ukraine to
its understanding. For the purpose of the organization and functioning of risk management
systems in commercial banks and in order to ensure that the banks carry out their
transactions within acceptable risk parameters and use a method which will protect the
interests of depositors, creditors and owners of the banks, the National Bank of Ukraine has
developed and approved “Methodical guidelines for the organization and operation of risk
management systems in the banks of Ukraine”. The advantages of risk management in
banks and its main task have been considered. The content of the principles underlying risk
management in banks has been defined. Six stages of bank risks have been substantiated.
The role of the org
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