The evolution of banking risks from traditional to the electronic banking
The evolution of banking risks from traditional to the electronic banking
Blog Article
The presence of risks is inherent to the banking industry.Risks can have positive side, when they act as a limit to the greed for qsc gx7 high profits, but their negative side is dominant, because they can cause big loses for both banks and their clients and partners in the case of bad risk management or even ignorance of their presence.The danger of spreading the risks among the other participants in the financial system appears in that kind of situation.During the evolution of banking business, there has been significant change in the form of risks, and in the strategies for combating risks.In the modern economy, on one hand, banking processes are more efficient than ever, but on the other hand, it caused the diffusion aftermath cabernet sauvignon 2017 of the new categories of risks, which were not significant in the traditional economy.
The evolution of banking business and the creation of new products and services caused the evolution of banking risks, and creation of new problems for banks.