Risk Management Of Commercial Banks
Frederic S. Miskin． 1995: The Economics of Money, Banking and Financial Markets, Forth Edtion
Although the modern commercial bank's unceasing development, the bank is facing the risk object and the nature had already surmounted the initial connotation. Looked from the object that, already by sole the credit risk which lent money produces evolves for includes the credit risk, the market risk, the operation risk and so on the multi-type risk; Looked from the nature that, evolves from the initial partial risk for the global risk. Although the risk object and the nature has had the very big change, but all may integrate the systematic risk as a whole and the non-systematic risk category. Certainly, divides risk in any event the type, some one point is affirmative, namely the risk exists in bank service each link, the commercial bank provides the financial service the process also is undertakes with the control risk process.
