Open AccessAccounting for operational risk in credit institutions while improving the bank’s economic security
Author(s) -
Natalya Filimonova,
Olga Luskatova,
Marina V. Roberts
Publication year - 2020
Publication title -
na straže èkonomiki
Language(s) - English
Resource type - Journals
ISSN - 2588-0071
DOI - 10.36511/2588-0071-2020-3-59-70
Subject(s) - business , economic security , accounting , operational risk , credit rating , institution , finance , actuarial science , economics , risk management , economic growth , political science , law
The article considers the economic security of the banking system as an integral part of the national security of the country. Approaches to the assessment of the concept and factors of economic security of credit institutions are studied, the state of the banking sector for the period 2018—2020 is analyzed, development problems and factors affecting the level of economic security of banks are identified. The role of accounting for operational risks in ensuring and improving the economic security of a credit institution is described using the example of Sberbank. Measures to limit operational risk are presented, and the effectiveness of proposals is calculated using the CAMELS rating system methodology.