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Comparative Analysis of Risk Management in Conventional and Islamic Banks: The Case of Bosnia and Herzegovina

机译:传统与伊斯兰银行风险管理的比较分析:波斯尼亚和黑塞哥维那的案例

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Any banking activity involves a certain level of risk. Regardless of the fact that risk has always been present in banks, active risk management in conventional banking started only in the 1990s, specially after the collapse of Barings PLC, the bank with more than 200-year-old tradition, while such practice is still underdeveloped in Islamic (interest-free) banking whose practical implementation in the world started only in the 1970s. However, in the times of the recent sub-prime mortgage crisis and a large number of collapses and near collapses, multibillion losses and write-offs all banks, whether conventional or Islamic, saw the necessity for active risk management. Specific features of banks in Bosnia and Herzegovina and their way of managing risks are conditioned by a particular legal framework. This framework regulates primarily the conventional banks, but it indirectly affects the Islamic bank as well, since it does not allow the bank to offer all types of products and services which are generally present in Islamic banking. Since, to our knowledge, not a single specific comparative research into conventional and Islamic banks has been done in this part of the world, the aim of this paper is to provide an insight into risk management practiced by BiH banks, and to determine the dependence of their financial performance on the process of active risk management.
机译:任何银行活动都涉及一定程度的风险。无论风险始终存在于银行,常规银行业务的积极风险管理只在20世纪90年代开始,特别是在遭受助手PLC崩溃后,该银行具有超过200年的传统,而这种做法仍然存在在伊斯兰(无息)银行业的欠发达,其实际实施在世界上仅在20世纪70年代开始。然而,在最近的次级抵押贷款危机和大量崩溃和近乎折叠的时代,无论是传统还是伊斯兰,所有银行都有大量损失和休息,都存在有效风险管理的必要性。波斯尼亚和黑塞哥维那银行的具体特点及其管理风险的方式是由特定的法律框架调节。该框架主要规定了传统的银行,但它也是间接影响伊斯兰银行,因为它不允许银行提供一般在伊斯兰银行业务中出现的所有类型的产品和服务。由于我们的知识,而不是对传统和伊斯兰银行的一个特定的比较研究已经在世界上完成,本文的目的是提供对BIH银行练习的风险管理,并确定依赖的洞察力他们对积极风险管理过程的财务表现。

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