ENHANCING THE OPERATIONAL RISK MANAGEMENT SYSTEM IN COMMERCIAL BANKS
Muxitdinova Dilfuza Farxodovna
Head of the Operational Risk Management Division, Risk Management Department at JSC “Aloqabank”, Uzbekistan
Abstract
Operational risks have become increasingly significant in commercial banks due to complex internal processes and heightened regulatory expectations. This article examines the concept, significance, and challenges of managing operational risks in commercial banks. It explores key strategies and methods for improving the operational risk management system, focusing on the roles of advanced technology, employee training, and regulatory compliance.
Keywords: Operational risk, risk management, commercial banks, regulatory compliance, technology, financial stability
Journal Name :
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EPRA International Journal of Economics, Business and Management Studies (EBMS)
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Published on : 2024-11-09
Vol | : | 11 |
Issue | : | 11 |
Month | : | November |
Year | : | 2024 |